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Mercedes A45 AMG (2013) first pictures of new hot hatch

This is the Mercedes A45 AMG: the first time Merc’s in-house tuning arm has tried its hand at building a hot hatch. Packing 355bhp, all-wheel drive and a seven-speed dual-clutch paddleshift transmission, the A45 AMG will outpace a Porsche 911, but cost less than £40,000. It’s on UK sale from July 2013, but if you can’t wait that long, Merc’s baby barnstormer is appearing at the Geneva motor show from 5 March 2013.

A first look at the Audi TT RS plus

Audi is taking aim at the new Porsche Boxster and its yet-to-be-revealed sister model, the upcoming second-generation Cayman, with a spectacular 174-mph version of the TT RS, pictured here officially for the first time. Called the TT RS plus, the powered-up coupe and roadster pairing is set to join what is shaping up as a formidable display of new Audi models--including the third-generation A3 and the RS4 Avant--at the Geneva motor show in early March. The centerpiece of the new range-topping TT is a tuned version of Audi's turbocharged 2.5-liter, five-cylinder direct-injection gasoline engine as used by the go-fast TT RS, the RS3 Sportback and the limited-production A1 quattro.

Saab reportedly bought by Chinese-led consortium

A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.