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A first look at the Audi TT RS plus

Audi is taking aim at the new Porsche Boxster and its yet-to-be-revealed sister model, the upcoming second-generation Cayman, with a spectacular 174-mph version of the TT RS, pictured here officially for the first time. Called the TT RS plus, the powered-up coupe and roadster pairing is set to join what is shaping up as a formidable display of new Audi models--including the third-generation A3 and the RS4 Avant--at the Geneva motor show in early March. The centerpiece of the new range-topping TT is a tuned version of Audi's turbocharged 2.5-liter, five-cylinder direct-injection gasoline engine as used by the go-fast TT RS, the RS3 Sportback and the limited-production A1 quattro.

GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.

General Motors emerges from bankruptcy

A historic fresh start for General Motors began today, as the remade company has emerged from bankruptcy with fewer brands, factories and workers. The No. 1 U.S.