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Audi R5, Porsche 550, VW Bluesport 'on hold'

Numerous indications are pointing to the exciting mid-engined VW, Porsche and Audi sports cars being on ice. The group had been collaborating to develop the VW Bluesport, Porsche 550 and Audi R5 - some observers had hailed the new roadsters as the Elise from Germany. Porsche doubts over the 550 But at the weekend Porsche CEO Matthias Muller told German business rag Wirtschaftswoche that he was worried a cheaper Porsche may dilute the brand's image.

Renault Laguna

Renault has released photos of the all-new upper-medium segment Laguna five-door hatchback and estate that will compete with the Ford Mondeo, Peugeot 407 and Volkswagen Passat in European markets. The new Laguna is a conservative evolution of the themes introduced in 2000 with the second generation Laguna: the hatchback moving further towards a sedan-like profile, while the estate model has a more sporting character from its steeply raked wraparound rear screen and horizontal lamps. The Laguna's most notable design features include the angular front and rear lamp design, and a distinctive plunging shoulder line, which is echoed in the sweeping IP form.

London hogging too much transport investment

THE UNDERFUNDING of transport projects outside London in recent years "cannot be allowed to continue", says a report from MPs. Ministers must use the new funding arrangements for local projects to "ensure that there is a fairer allocation of funding", said the report from the House of Commons Transport Committee. "No area across our nation should be second class in relation to the allocation of transport infrastructure funds," the MPs said.