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Volkswagen Golf R 400 sounds like it means business (video)

The VW Golf R 400 (pictured) on the move in Vienna The Volkswagen Golf R Concept arrived at the Beijing Motor Show recently, and it looked pretty much production-ready. So it was no huge surprise when we got news that the Golf R 400 is going in to production – although probably in limited numbers with a big price tag – and there seems to be more than a fighting chance it will actually get more than the 395 bhp (400 PS) the concept has. But even if the R 400 only comes with 395 bhp, it promises to out-do the current hot hatch champion – the Mercedes A45 AMG – with a 0-62mph of 3.9 seconds and a top speed of 174mph, with all its power being put down to all four wheels through VW’s 4MOTION.

Alfa faces product freeze under a review of the struggling brand

Fiat S.p.A. could freeze new investment in Alfa Romeo under a strategic review of the money-losing brand ordered by CEO Sergio Marchionne. A product freeze is one of two alternatives that Fiat is considering to end years of losses and declining sales at its sporty premium brand.

Fisker Automotive begins hiring blitz

Fisker Automotive will hire 120 workers in the coming months to staff the former General Motors factory in Wilmington, Del., that will build Fisker's next plug-in hybrid sedan, due in 2013. Code-named Project Nina, the future car will join the plug-in Karma sedan in Fisker's lineup as the company expands its portfolio of premium hybrid cars. The Karma is launching this year, and production of the future sedan--expected to be priced at about $39,000 after government incentives--would begin late next year.