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Audi RS5 (2010) first official pictures

This is the new Audi RS5, a £60,000 super-coupe with a high-revving 4.2-litre V8 and a 174mph top speed. It's Audi's riposte to the BMW M3, and we'll see it in the metal at next week's 2010 Geneva motor show. Under the bonnet is the same naturally aspirated 4163cc V8 that powered the old RS4 and is currently found in the R8, but Audi’s Quattro GmbH division – responsible for all of Ingolstadt’s RS models – has squeezed an extra 30bhp out of the engine. That means the high-revving, direct-injection 4.2-litre V8 produces 444bhp at 8250rpm, along with 317lb ft from 4000 to 8000rpm.  That power is sent through a seven-speed S-tronic gearbox to all four wheels, and with the Launch Control system engaged it’s enough to propel the 1725kg coupe to 62mph in 4.6 seconds, before powering the RS5 on to its 155mph limiter.

Porsche buys Nardo for high-speed tests

Porsche has announced it is to take ownership of the famous Nardo Proving Ground in southern Italy. The company's engineering consultancy wing, the Porsche Engineering Group, will assume ownership as of May 2012. Nardo is currently owned by Italian firm Prototipo SpA.  No fee has been disclosed by either party.

Volkswagen buys stake in Suzuki

Volkswagen will buy nearly 20 percent of Suzuki for $2.5 billion in a deal poised to continue VW's ambitious growth plans and bolster its global product offerings. The companies announced the agreement on Wednesday, and it could close in January. The deal allows VW to draw on Suzuki's small-car capabilities and strong position in India.