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German enthusiasts name TechArt GrandGT the 'Sports Car of the Year'

For the fourth year in a row, readers of German car magazine Auto Bild have selected the TechArt GrandGT as "Sports Car of the Year" in the sedan-tuning category. The GrandGT, from TechArt Automobilidesign GmbH, is based on the Porsche Panamera Turbo and packs 630 hp and 650 lb-ft of torque. The additional power comes from upgraded turbochargers, sport air filters and a tuned engine-management system.

Volvo Concept XC Coupe at Detroit Auto Show – previews the new Volvo XC90 (+ video)

The Volvo Concept XC Coupe (pictured) will debut at Detroit next month Volvo are heading to the Detroit Auto Show next month with the second of three concepts planned utilising their new scalable platform architecture which will underpin almost all future models – the Volvo Concept XC Coupe. The first of the three new concepts from Volvo came at the Frankfurt Motor Show back in September as the Volvo Concept Coupe – a new take on Volvo’s iconic P1800 – but this time we get a concept that points firmly at the new Volvo XC90, due in a year’s time as a 2015 model. We’ve already got some idea of what Volvo’s designers think the new XC90 should look like, but the styling cues on the Concept Coupe – and the teaser photos of the Concept XC Coupe (above) – give us a much clearer view of what Volvo are planning for one of their most successful cars.

VW to buy Italdesign Giugiaro, sources say

Volkswagen AG will buy a controlling stake in Italy's largest design and engineering firm, Italdesign Giugiaro S.p.A., two industry sources confirmed to Automotive News Europe. One of the sources said that an announcement could come as early as next week. Italdesign and VW representatives declined to comment.