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Audi RS3 is revealed, packs 340 hp

WITH VIDEO -- Audi has finally come clean on its RS3 Sportback, revealing photos and information about the four-door hatchback planned for European sale next March. The RS3 uses a turbocharged 2.5-liter inline five-cylinder direct-injection gasoline engine borrowed from the TT RS. The RS3 Sportback will not come to the U.S.

Porsche to add 1,000 employees

To keep pace with its planned model expansion and sales targets, Porsche AG will add more than 1,000 employees by 2015, Automotive News Europe has learned from Volkswagen Group sources. About 500 jobs will be added for production of Porsche's new compact SUV, codenamed the Cajun, which will go on sale in 2013 in Europe and in North America about six months later. Porsche's supervisory board will make a decision on the production location of the Cajun in mid-March.

Nissan BladeGlider EV Sports Car Concept for Tokyo Motor Show

The Nissan BladeGlider EV Sports Car Concept (pictured) will debut at the Tokyo Motor Show Nissan are trying to push the envelope for road-going electric cars with the BladeGlider electric car concept that will debut at the Tokyo Motor Show this month and looks – at least in some form – to be heading for production. Inspired by the aero industry – and taking inspiration from Nissan’s DeltWing Project – the BladeGlider gets a very narrow front track and a much wider rear, wrapped in carbon fibre reinforced plastic with an interior that offers a 1+2 seating arrangement. Nissan say the extremely narrow front track reduces drag and enhances manoeuvrability for extreme cornering, and its 30/70 rear-biased weight distribution could give plenty of tail-out fun.