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Audi Sport launches limited edition R8 but doesn't add any more performance

Audi recently announced that its Quattro division had changed its name to Audi Sport, and that it had a number of new models on the way. One of those models to fall under its umbrella of responsibility is the Audi R8. Today, at the New York Auto Show, the performance arm is showing the limited Audi Sport Edition of the Audi R8. The rorty, mid-engined sports coupe's V10 seemingly already has enough power, as this special treatment appears to be mostly cosmetic. It starts with a set of 20-inch, forged aluminum wheels wrapped in 245/30 front and 305/30 rear tires. The brake calipers get a high-gloss red finish, while the V10 Plus version's brakes have an anthracite finish. The car's signature sideblades and side mirrors get a contrasting red finish regardless of exterior color. The front spoiler, grille, and diffuser insert are titanium black, and the tailpipe trims are finished in gloss black. View 15 Photos Entering the car, occupants are greeted by illuminated door sills. The interior color depends on exterior paint choice, and seats and door trim feature black and red Nappa leather. Seatbacks are embossed with an R8 logo, as is the flat-bottom, three-spoke steering wheel. The wheel features a red stripe at 12 o'clock, as well as satellite engine start and drive select buttons. Dark silver contrast stitching and gloss carbon inlays add more character to the interior. The Audi Sport Edition R8 will be limited to 200 units worldwide, and will start at ˆ181,900 (about $193,100), with the V10 Plus fetching ˆ205,800 (about $218,500). Orders start in May, with deliveries beginning in late summer. Related Video:

Germany says nein to EU ban on new fossil-fuel cars from 2035

BERLIN (Reuters) - Germany's government will not agree to European Union plans to effectively ban the sale of new cars with combustion engines from 2035, Finance Minister Christian Lindner said on Tuesday. In its bid to cut planet-warming emissions by 55% by 2030 from 1990 levels, the European Commission has proposed a 100% reduction in CO2 emissions from new cars by 2035. That means it would be impossible to sell combustion engine cars from then. European Parliament lawmakers backed the proposals this month, before negotiations with EU countries on the final law take place. Speaking at an event hosted by Germany's BDI industry association, Lindner said there would continue to be niches for combustion engines so a ban was wrong and said the government would not agree to this European legislation. Lindner, a member of the pro-business Free Democrats, which shares power with the Social Democrats and Greens, said Germany would still be a leading market for electric vehicles. (Reporting by Christian Kraemer; Writing by Madeline Chambers; Editing by Miranda Murray and Edmund Blair) Green Government/Legal Green Audi BMW Mercedes-Benz Volkswagen Opel SEAT Skoda

Winterkorn remains CEO of Volkswagen's majority shareholder

Martin Winterkorn may have stepped down as the chief executive of Volkswagen in the wake of the diesel emissions scandal, but he's not out from under the company's large umbrella just yet. In fact, according to a report from Reuters, he still holds four top-level positions not only within the industrial giant's bureaucracy, but at the top of it. And one of those is as CEO of the company's largest shareholder. That holding company is Porsche SE, the investment arm of the Piech and Porsche families (Ferdinand Porsche's descendants) which holds over 50 percent of VW's shares. In 2008, Porsche SE acquired majority interest in the Volkswagen Group which in turn acquired Porsche the automaker – and placed VW's Winterkorn at the head of the executive board of the holding company. Though Winterkorn has resigned from his position as chairman of VW's management board, he has apparently yet to step down from running Porsche SE. That's not the only job that Winterkorn still retains in VW's senior management. He also continues to serve as chairman of Audi, as well as truck manufacturer Scania, and the new Truck & Bus GmbH into which Scania has been grouped together with Man. It remains unclear if or when Winterkorn might resign from those positions as well, or how his tenure in those posts might affect the company's effort to start over in the aftermath of the scandal in which it is currently embroiled. Also unclear, Reuters reports, is how much, exactly, Winterkorn will receive in compensation after having stepped down from his chair at the head of the VW executive board. His pension is reported at over $30 million, but he could be awarded a large severance package as well amounting to as much as two years' worth of his annual compensation, which amounted to around $18 million last year. Whether he receives the severance pay or not is expected to depend on whether his resignation is considered by the supervisory board to have been the result of his own missteps or independent of the situation that resulted in his resignation. One way or another, he's not likely to go poor anytime soon.