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Audi R8 LMS GT4 debuts in New York, a ready-made race car

The new Audi R8 LMS GT4 race car has made its debut at this year's New York Auto Show. Since 2009, the Audi R8 LMS GT3 has been available for customer purchase, but this new model is intended to be even more affordable. LMS GT-class racing is some of the most entertaining out there. Unlike racing series such as Formula 1, NASCAR, or even the World Rally Championship, GTE, GT3, and GT4 cars are still based heavily on cars you can find on dealer lots today. The GT4 class was created to have a true entry-level racing series. Homologation keeps the cars closer to their production counterparts than any of the other GT classes. Engines, bodywork, and suspension are all similar to production versions, though substantially beefed up for racing. In the case of the Audi R8 LMS GT4, more than 60 percent its parts are shared with the R8 coupe. That means parts are plentiful and relatively affordable. There are some significant changes between the production and racing versions. First, the V10 in the road car is actually far more powerful. The R8 LMS GT4 is limited to 495 horsepower, though that can vary slightly to meet different regulations. Also, rather than having Audi's wonderful Quattro all-wheel drive system, the R8 LMS GT4 is rear-wheel drive. Power is sent to the wheels through a seven-speed dual-clutch transmission. Though the car is set to make its debut next month at the Nurburgring 24 Hours, it won't actually be competing until the start of the 2018 season. Audi is simply tuning the car at different tracks before asking for approval at the end of the year. Pricing hasn't been announced, but expect it to fall between the $145,000 of the RS3 LMS and the $450,000 of the R8 LMS GT3. That's not nothing, but in the world of professional racing, it's a relative bargain. Related Video:

VW Group recalls 27k Touaregs, Audis and Porsches for fuel leak

The Volkswagen Group is one of the most expansive in the entire industry, and shares parts across more product lines than we could wrap our heads around. So when the German megalith finds a fault in one of its components, it has the capacity to spread like wildfire. The latest set of recall notices from the National Highway Traffic Safety Administration covers vehicles from the Volkswagen, Audi and Porsche divisions. The problem revolves around the fuel injection system, which could potentially leak and cause a fire. The recall affects – deep breath now – the 2012 VW Touareg Hybrid, the 2011-12 Porsche Cayenne S Hybrid and Panamera S Hybrid, 2011-12 Audi S4, S5 and Q7 and the 2012-13 Audi A7. All told, that amounts to 27,376 units, the owners of which can expect to hear from the manufacturer to have the fuel rails replaced, along with their corresponding seals (having nothing to do with marine mammals writing letters). RECALL Subject : Fuel Injection System Fuel Leak Report Receipt Date: JAN 20, 2015 NHTSA Campaign Number: 15V019000 Component(s): FUEL SYSTEM, GASOLINE Potential Number of Units Affected: 26,008 Manufacturer: Volkswagen Group of America, Inc. SUMMARY: Volkswagen Group of America, Inc. (Volkswagen) is recalling certain model year 2011-2012 Audi S4, S5, Q7, 2012 Audi A6, Volkswagen Touareg Hybrid, and 2012-2013 Audi A7 vehicles. In the affected vehicles the fuel injection system may experience a fuel leak. CONSEQUENCE: A fuel leak in the injection system in the presence of an ignition source, increases the risk of a fire. REMEDY: Volkswagen will notify owners, and dealers will replace the fuel rails and corresponding seals, free of charge. The recall is expected to begin March 10, 2015. Owners may contact Audi customer service at 1-800-822-2834 or Volkswagen customer service at 1-800-893-5298. Volkswagen's numbers for this recall are 24AP for Audi customers and 24BK for Volkswagen customers. NOTES: Owners may also contact the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 (TTY 1-800-424-9153), or go to www.safercar.gov. ### RECALL Subject : Fuel Injection System may Leak Report Receipt Date: JAN 20, 2015 NHTSA Campaign Number: 15V016000 Component(s): ENGINE AND ENGINE COOLING Potential Number of Units Affected: 1,368 Manufacturer: Porsche Cars North America, Inc. SUMMARY: Porsche Cars North America, Inc.

Lamborghini could be sold or spun off from the Volkswagen Group

Volkswagen is reportedly considering a sale or stock listing for its high-end Lamborghini brand. The German automaker is looking to fold the Italian supercar brand into a separate legal entity, reports Bloomberg, which cites "people familiar with the matter" who don't want to be identified "because the deliberations are confidential and no decisions have been made." Any of this sound familiar? The goal of spinning off Lamborghini would be to stockpile more cash and other resources for VW's massive planned push into electric vehicles. Back in March, reports circulated that Volkswagen's "Vision 2030" corporate plan might include plans to focus on the brand's core brands — VW, Audi and Porsche. That means the futures of fringe players like Lamborghini, Bentley, Bugatti, motorcycle brand Ducati and design firm Italdesign (and note this isn't a comprehensive list of brand's under the expansive VW Group umbrella) are up in the air. VW, according to the report, is targeting a market value of $220 billion, which is a big jump from the brand's current $89 billion valuation. Bloomberg pegged Lamborghini's valuation at around $11 billion back in August, buoyed by sales and profits generated by the introduction of the Urus sport utility vehicle. On the flip side, Lamborghini is currently grappling with how best to update its supercar lineup in the face of ever-increasing emissions regulations.