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Land Rover tease new Range Rover Sport R / RS – debuts at Goodwood (video)

The new 542bhp Range Rover Sport teased The idea of a more powerful Range Rover Sport – complete with the 542bhp version of the supercharged V8 from the Jaguar XJR and F-Type Coupe – has been around for quite some time, but it’s about to become a reality. Land Rover has revealed a teaser video for the new Sport R – which really shows no more than the spy video of the Sport R we had a year ago – but it does herald the imminent arrival of the new Sport R at the Goodwood Festival of Speed this month. With the 542bhp V8 Supercharged under its bonnet, the Sport R is likely to get much closer to the performance of the Porsche Cayenne Turbo, with a 0-62 mph likely to be well under 5 seconds.

VW at Leipzig Auto Show: CC R Line, Scirocco GTS, Beetle Fender & CrossPolo ‘Urban White’

Volkswagen is going to the 2012 Leipzig Auto Show with a quartet of new models, but only one is heading for the UK. The Leipzig Auto Show may not rank in the top tier of world car shows, but that’s not stopping Volkswagen from turning up with a whole heap of new models this weekend. The VW CC R Line is exactly what it says on the badge, a butched-up version of VW’s CC with a set of 17″ alloys, a bit of a body kit, a splash of chrome and a R Line multi function steering wheel inside.

GM pays back government loans

General Motors Co. said it has repaid the U.S. and Canadian governments $5.8 billion for loans that helped fund the U.S.