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New Skoda Octavia vRS hatch & estate revealed

The 2013 Skoda Octavia vRS has been revealed (vRS hatch pictured) The Skoda Octavia vRS – the latest version of Skoda’s quick and appealing take on the VW Golf GTI – has been unveiled ahead of its debut at the Goodwood FoS in July, and it looks a cracker. Available as either a hatchback or estate – and as a diesel or a petrol – the Octavia vRS manages to repackage the Golf GTI and Golf GTD in to one Skoda, offering good performance (the vRS is a bit slower than the GTI to 62mph at 6.8 seconds but has a 2mph higher top speed), good looks and the promise of prices starting not much above £20k. The petrol vRS gets the Golf GTI’s 217bhp 2.0 litre TSI and the diesel vRS the 181bhp 2.0 litre TFI from the Golf GTD, both with a 6-speed manual gearbox as standard and a six-speed DSG as option, sports suspension, XDS differential, quicker steering and multi-link rear suspension.

Alfa Romeo roadster to be twinned with Mazda MX-5

Mazda and Fiat today announced a new deal to develop future sports cars jointly. A new affordable Alfa Romeo roadster will be built - in Japan - from 2015. The non-binding memorandum of understanding covers the development and manufacturing of a new roadster for the Mazda and Alfa Romeo marques based on Mazda’s next-generation MX-5 rear-wheel-drive architecture, according to the statement issued this morning.

Ferrari celebrates 30 years in Hong Kong

ICONIC sporting brand Ferrari turned on the style to celebrate 30 years of presence in Hong Kong. Ferrari's president Luca di Montezemolo was in attendance alongside a spectacular display of over 600 Ferraris - the largest gathering ever in Greater China - arranged to form the traditional five-petal flower. The gathering also was used to show the firm's latest offering the 458 Speciale which was unveiled by Marc Gene, the Scuderia F1 team's chief test driver.