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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.

News watch July 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 Friday 30 July 2010• Renault has reported a net income of €823 million – with an operating margin of 4% and sales up 22% globally. Its worldwide market share now stands a whisker up at 3.8% (Renault)• La Regie said its business was performing much better than during the same period last year, when the recession bit into its profits.

Zagato V12 triumphs at Villa d'Este

The Aston Martin V12 Zagato was victorious at this year's Concorso d’Eleganza at Villa d’Este, winning the Design Award for Concept Cars and Prototypes. The modern interpretation of the iconic DB4GT Zagato fought off competition from ten other entries including BMW’s 328 Hommage, Audi’s Quattro concept and the James Glickenhaus P4/5 Competizione Ferrari. Dr Ulrich Bez, CEO of Aston Martin, said: “We are thrilled to see that this car conquered people’s hearts.