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Audi R5, Porsche 550, VW Bluesport 'on hold'

Numerous indications are pointing to the exciting mid-engined VW, Porsche and Audi sports cars being on ice. The group had been collaborating to develop the VW Bluesport, Porsche 550 and Audi R5 - some observers had hailed the new roadsters as the Elise from Germany. Porsche doubts over the 550 But at the weekend Porsche CEO Matthias Muller told German business rag Wirtschaftswoche that he was worried a cheaper Porsche may dilute the brand's image.

Honda to build new Acura ILX sedan in Indiana

Honda said today it will build the Acura ILX, a new, entry-level luxury sedan, in Greensburg, Ind., starting in the spring. The Acura ILX sedan will debut as a concept at the 2012 Detroit auto show next month, Honda said earlier Monday. It will replace the TSX and be marketed as the gateway to Acura's U.S.

Volvo V60 Plug-in Hybrid – now with Volvo’s R-Design spec. Price from £51,675

The Volvo V60 Plug-in Hybrid now get the R-Design option The Volvo V60 Plug-in Hybrid is already selling at such a rate that Volvo can’t keep up with demand, and now they’re making it even more difficult for themselves by launching an R-Design version. Volvo’s R-Design models add a range of tweaks to the regular range that add more visual purpose, but do so subtly and without too much fanfare. The R-Design version of the V60 Plug-in Hybrid is no different, with R-Design bumpers and grill, rear diffuser and 18″ Ixion alloys on the exterior and sports seats, sports pedals, sports floor mats and charcoal headlining on the interior giving the car a more focused appeal.