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VW's wild new 496-hp Golf GTI

UPDATED: Volkswagen has revealed a 496-hp version of the seventh-generation Golf GTI as part of activities at this year's Worthersee fan meet in Austria – and with it, projected the hot hatchback into the same league as some of the world's most celebrated supercars. Dubbed the Design Vision GTI, the radical new concept showcases a twin-turbocharged 3-liter V6 engine developed for use in upcoming models that, like the new Golf GTI, are based around Volkswagen's highly flexible MQB (modular transverse architecture) platform structure. Set to find its way into selected new Volkswagen models in future years, the direct injection engine replaces the Golf GTI's turbocharged 2.0-liter inline four, and is mounted transversely in the engine bay of the Design Vision GTI.

Toyota Matrix likely to be dropped

Toyota will roll out Tundra and Corolla redesigns next year and will revise the RAV4, Avalon and Highlander, but there are some things the division probably won't do. For example, there is a strong possibility that the Corolla-based Matrix hatchback will not be renewed for the United States when the Corolla redesign comes next fall. "If we don't have the Matrix, it won't be the end of the world," said Toyota Division boss Bill Fay at the press introduction of the RAV4 in Phoenix.

2014 Acura ILX priced at $27,795

The 2014 Acura ILX sedan will cost $27,795 when it goes on sale on Tuesday, including an $895 destination charge. The premium package adds $3,200 while the technology package adds $4,700. A six-speed manual can also be specified.