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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.

Jaguar Land Rover – Clever Finance Deal

JLR releases £170 million by financing cars in transit Car makers have been begging lines of credit from wherever they can in the last year as the recession has bitten hard in to their finances. Jaguar Land Rover started off down the Government Loan route, but it soon became clear that the strings attached to any Government sourced finance where unacceptable. But in a sign that the future of JLR looks pretty rosy JLR managed to secure £175 million in private financing back in August as part of a bid to raise £500 million, and Tata have refinanced the loans used to acquire JLR.

McLaren MP4-12C – Development Video

The McLaren MP4-12C development video below Two months ago McLaren revealed their new supercar – the McLaren MP4-12C. Beyond some disappointment that the styling was a little generic, the praise for the potential of the new Ferrari-busting McLaren has been pretty much universal. We’re more inclined to see the styling as ‘Classic Supercar’ and non-dating, but these things are entirely subjective.