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Ford debuts another Australian hot rod

Ford's Australian-based Performance Vehicles operation has unveiled its fastest car to date—the Falcon-based FPV GT R-spec. To be assembled at Ford Performance Vehicle's headquarters on the outskirts of Melbourne, the rear-wheel drive GT R-spec packs the same engine as the earlier GT335, a supercharged 5.0-liter V8 producing 449 hp and 420 lb-ft of torque. But, a range of chassis modifications, including a retuned suspension, wider 19-inch rear wheels and tires and new launch control system are claimed to provide the greater off-the-line speed than any previous model from Ford's Australian outpost.

Audi plans rival to BMW X6, design chief says

Audi will launch a rival to the BMW X6 and may add a challenger to the Bavarian automaker's X4, a top Volkswagen executive told Automotive News Europe. Walter de' Silva, design boss at Audi parent Volkswagen Group, confirmed that Audi has signed off on plans for the X6 rival. He declined to say when the car would arrive.

2013 Hyundai Veloster Turbo to start at $22,725

Hyundai has released pricing details for the 2013 Veloster Turbo, giving it a starting price of $22,725 for the manual-transmission-equipped model. Specifying an automatic transmission will cost you $1,000 more. In addition to the turbocharged 1.6-liter powerplant that produces 201 hp and 195 lb-ft of torque, the Veloster Turbo also includes a unique body kit and wheels, as well as LED headlight accents and taillights.