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503-hp Volkswagen GTI concept headed to Worthersee?

Volkswagen has issued a series of official design sketches hinting at the appearance of a radical open-top concept car to be unveiled at the Worthersee fan meet in Austria on May 29. Called the GTI Roadster, the new two-seater was originally conceived as a virtual three-dimensional image in a joint cooperation between Volkswagen and Sony for inclusion in the PlayStation “Gran Turismo” video game series. But with enthusiasm for the low-slung roadster running high among its design team, Volkswagen has decided to turn it into a full-size concept in homage to a long history of GTI models.

Final Bugatti Veyron 16.4 spoken for

If you've always wanted a new Bugatti, you'll have to settle for the Grand Sport: All 300 cars in the Bugatti Veyron 16.4 model run have found homes, the last one having been ordered by a European customer who will take delivery next autumn. The Veyron came to life in concept form at the Tokyo motor show a year after the Volkswagen Group bought the rights to the Bugatti name in 1998. The Veyron was the first production car to have a full carbon-fiber monocoque, and its 8.0-liter W16 engine produced 1,001 hp and 922 lb-ft of torque, mated to a seven-speed twin-clutch gearbox.

Lotus CEO fired - Dany Bahar won't return to Lotus

Lotus chief executive officer Dany Bahar was tonight ousted from his job as the boss of Group Lotus. The Nofolk sports car maker's new Malaysian owners, DRB-Hicom, issued a terse statement confirming Bahar's departure. As CAR earlier reported, Bahar had been suspended following an investigation into his expenses.