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Toyota Yaris Hybrid-R concept (2013) at Frankfurt motor show

Toyota has released fresh information regarding its 414bhp supermini concept ahead of its debut at next month’s Frankfurt motor show. The Yaris Hybrid R drivetrain features Toyota Motorsport’s 1.6-litre racing petrol engine to power the front wheels and twin electric motors generating 60bhp apiece to run those at the back, giving the car all-wheel drive and a combined output of up to 414bhp. The car also makes use of a supercapacitor inspired by Toyota’s TS030 Hybrid Le Mans racer – energy generated under heavy braking is stored and can be quickly deployed to the rear wheels for an extra burst of power.

Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.

Golf Mk 6 bows out with new VW Golf R Cabriolet

Volkswagen is finally delivering the VW Golf R Cabriolet Mk 6, just as the Golf Mk 7 hits the road, but it does without 4WD. But it’s taken until now – 2013 and after the Mk 7 Golf arrived – for VW to fulfil the promise of more powerful open-top motoring in the Golf with the arrival – following a Golf R Cabrio tease video at the end of 2012 – to finally reveal it. Just as you’d expect, the Golf R Cabriolet is mechanically similar to the Golf R in that it gets the same 2.0 litre turbo four cylinder petrol engine that delivers its power through a six-speed dual-clutch auto box.