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New Audi S3 Sportback arrives ahead of Geneva 2013 debut

The new Audi S3 Sportback - the five-door S3 – has been revealed ahead of a debut at the 2013 Geneva Motor Show. The new S3 Sportback gets the same 2.0 litre turbocharged engine as the S3, which means 296bhp on tap to be delivered to all four wheels through the standard six-speed gearbox or the optional six-speed dual-clutch S tronic. If you want to unleash the best performance from your S3 Sportback you will need to dig a bit deeper for the S tronic ‘box, with the self-shifter taking just 5 seconds to 62mph it’s a full half second quicker than the manual.

Norwegian EV maker Think files for bankruptcy

Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history. "We needed some additional funding and although we had interested investors they were not able to come to the table quickly enough," Think spokesman James Andrew told Automotive News Europe.

Jaguar F-Type sold out until end of 2013

If you want a new Jaguar F-Type, you won’t get one until the end of 2013 The new Jaguar F-Type may not be a volume car for Jaguar – it’s place in jaguar’s lineup is to cast a rosy, sporty glow on the whole Jaguar range – but the numbers sold already seem to indicate the F-Type will end up selling even more than the 75,000 a year Jaguar hoped – assuming they can up production. Adrian Hallmark, Jaguar’s Global Brand Director, has confirmed to Automotive News that the new F-Type is already selling strongly, despite only going on sale a month ago, and the F-Type is sold out for at least the next six months. “Customers who order the car now will be lucky to get one by the end of this year”, he said.