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New Skoda Octavia vRS hatch & estate revealed

The 2013 Skoda Octavia vRS has been revealed (vRS hatch pictured) The Skoda Octavia vRS – the latest version of Skoda’s quick and appealing take on the VW Golf GTI – has been unveiled ahead of its debut at the Goodwood FoS in July, and it looks a cracker. Available as either a hatchback or estate – and as a diesel or a petrol – the Octavia vRS manages to repackage the Golf GTI and Golf GTD in to one Skoda, offering good performance (the vRS is a bit slower than the GTI to 62mph at 6.8 seconds but has a 2mph higher top speed), good looks and the promise of prices starting not much above £20k. The petrol vRS gets the Golf GTI’s 217bhp 2.0 litre TSI and the diesel vRS the 181bhp 2.0 litre TFI from the Golf GTD, both with a 6-speed manual gearbox as standard and a six-speed DSG as option, sports suspension, XDS differential, quicker steering and multi-link rear suspension.

Volkswagen OKs production of the Bugatti 16C Galibier, report says

Volkswagen AG has agreed to fund production of the Bugatti 16C Galibier sedan, Bloomberg News reported on Friday, citing two unnamed sources that had knowledge of the project. The 16C Galibier would join the Veyron sports car in Bugatti's lineup. But Galibier production may not start for two to three years while Bugatti retools its boutique manufacturing plant in Molsheim, France.

Toyota FT-86 Concept, the Frankfurt teaser video

Toyota will show an updated FT-86 concept car at the 2011 Frankfurt motor show starting next week. It's issued this teaser video showing a few snatchshots of the new rear-wheel drive sports car. Don't hold your horses, though.