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News watch Sept 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 September 2010• Porsche today posted record turnover, off the back of rising sales. It announced an 18% leap in annual turnover to €7.8 billion while sales rose 9% to 81,500 vehicles, up from 75,238 the previous year.

2013 models hit their expiration date

Fall is upon us, and as we all know, autumn marks the beginning of new-car season. Brand-spanking new models get the opportunity to make their debut in the automotive world, while others are lucky enough to continue their journey into the next generation. But other vehicles are hitting the end of the assembly line.

VW Golf GTD (2013) first pictures of diesel hot hatch

VW's Golf GTD - a performance diesel brother to the GTI hot hatch - is here. Rated at 182bhp and 280lb ft, it boasts more punch than the old GTD (an extra 12bhp and 14lb ft), and scores better fuel economy too: up 14mpg to 67.3mpg, if you opt for the six-speed manual gearbox. Could this be the Holy Grail of hot hatches, with punch and economy? Here's the lowdown.