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VW Polo R WRC Street Limited Edition – but not for the UK

Volkswagen has revealed a production version of its Polo WRC car – the VW Polo R WRC Street – as a limited run, but not for the UK. Volkswagen has revealed a limited run VW Polo R WRC Street to coincide with their foray in to WRC with the Polo, and it goes on sale this month – but not for the UK. The LHD only Polo R WRC Street gets the 4WD platform Audi has developed for the A1 together with a 2.0 litre TSI producing 220bhp, delivered to all four wheels through a six-speed manual ‘box, enough to scoot the Polo R WRC to 62mph in 6.4 seconds – quicker than the Golf GTi.

Koenigsegg backs out of deal to buy Saab

Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.

BMW Alpina B7 – the closest you’ll get to an M7

The BMW Alpina B7 - now available in the US BMW has made it clear that they won’t be making an ‘M’ version of the 7 Series. I know, we’ve hear that all before with the X5, but they seem adamant. In fact, one of our readers questioned our story about ‘No BMW M7‘ a couple of months ago after his local dealer said the M7 was coming in Spring 2010.