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ABT Sportsline introduces 700 hp Audi RS6 Avant

Hot on the heels of their appearance at SEMA and their announcement to open a location in the U.S., the German tuning firm ABT Sportsline has unveiled two new versions of the Audi RS6 Avant, dubbed the ABT Power S and ABT Power. Apparently, ABT Sportsline felt that the 560 hp output of the stock 4.0-liter TFSI-engined Audi RS6 Avant wasn't enough, and tuned the ABT Power S version to produce 700 hp. That's a 25 percent increase in power over the stock version.

Subaru XV gets a price cut – down by £1300 on 1.6 litre versions

It wasn’t a bad starting point for an able mid-sized crossover – a high-riding Impreza, in all but name –  but it wasn’t the cheapest offering in the class. But now, with the Yen being a bit kinder to Japanese car makers, Subaru has decided to nudge the price a bit lower to start the XV range off below £20k for the first time. The price drop for the XV only applies to the 1.6 litre petrol versions, but you can now get the entry-level XV 1.6i S for a more affordable £19,995 rising to £23,415 for the XV 1.6i SE with the Lineartronic gearbox, reductions across the range of £1300.

Alfa's U.S. return likely for 2012, Marchionne says

Fiat's on-again, off-again plan to return Alfa Romeo to the United States is on again, this time with a target date of 2012. A Chrysler Group spokesman has confirmed remarks made by CEO Sergio Marchionne in Toronto. “I'm a lot more confident now that Alfa Romeo will reconstitute a product offering that is acceptable globally, and more in particular in the United States and Canada,” Marchionne was quoted as saying Friday.