Since Buick, Pontiac and GMC dealers are in the process of consolidating their showrooms, many were likely hoping for a halo product that could draw customers into the showroom. Hey, wouldn’t a version of the upcoming Chevy Camaro badged as a Pontiac Trans Am revival do the trick? Maybe, but at the NADA conference this week, GM told these dealers that a Pontiac Trans Am is not going to happen. Blame the new, more stringent federal fuel economy regulations for killing off this cool idea. In fact, the new regs also mean that the automaker will be scaling back on transforming Pontiac into a rear-wheel-drive performance division. Though GM assured dealers that Pontiac will remain a car-only brand, the assurance that a debacle like the Aztec won’t happen a second time is little comfort to those who were hoping Pontiac would once again be the brand that builds excitement. And who says performance has to be totally sacrificed for fuel economy? New powertrains are being developed that make the most of the internal combustion engine’s efficiency, and a twin-turbo, direct-inject four-cylinder can make gobs of power while being much more efficient than an equally powerful V6 or even V8.

GM did inform Buick, Pontiac and GMC dealers that they would be getting 12 new or special-edition vehicles over the next 20 months. A special-edition GMC Sierra pickup called Pro Grade was mentioned, for instance. Still, the quashing of any hope for a new Trans Am means that the number of vehicles slated to share the Camaro’s rear-wheel-drive Zeta platform in the U.S. is dwindling. Only the Pontiac G8 and G8 ST car-based truck are confirmed, with Zeta-based rear-wheel-drive sedans for Buick and Chevy still up in the air. This means that without the ability to spread out costs across a number of new vehicles, the price of producing these vehicles will likely be high and passed on to the performance-minded consumer.

When I was in high school, my older brother had a Wolfsburg Edition VW Jetta. It had a 1.8 turbo, a knobby little shifter and BBS rims. It was pretty cool and I wasn’t allowed to drive it. Several years have passed, and I’m still not allowed to drive my brother’s Jetta Wolfsburg, but Volkswagen is unveiling a new one.

Replacing last year’s 2.5-liter Wolfsburg model (shown), the new Wolfsburg Edition gets its 200 horsepower and 207 lb-ft of torque from Volkswagen’s 2-liter turbo four and throws 17-inch alloys, leatherette seats (just when we thought vinyl upholstery had gone the way of the dodo) and the requisite special badging into the mix. Volkswagen of America will make 12,500 Wolfsburgs in silver, black, red or gray, with six speeds in either clutched ($20,875) or dual-clutched ($21,950) transmissions for a whole new generation of jealous kid brothers and their grubby little hands.

Tata’s cut-price Nano budget car isn’t even on the market, and already the Indian automaker is planning its successor. In an interview with German magazine Focus, Tata’s Girish Wagh revealed that the second-generation Nano will be developed in four years from now and designed for an assault on the European market.

In order to market in Europe, the next Nano will need to comply with the stringent Euro 5 emissions and safety standards, and Tata will target three liters per 100km, down from the current Nano’s already tiny-sipping 5L/km. Before the next Nano is ready for the European market, Tata will focus on its domestic market for two-three years, after which it will look at expanding into Africa, Latin America and Southeast Asia. As we reported earlier, Tata plans to avail itself of Fiat’s dealer network in exchange for Jaguar-derived platforms for the upcoming Alfa Romeo 169 sedan.

Ever wonder what an Audi R8 would look like if it were to transform into a speedboat? Neither had we, but maybe it would look a bit like this machine, developed by a Swedish company named Vizualtech. The most notable styling element of the R8 are its contrasting blades of color just aft of the doors, and these make the transition to Vizualtech’s catamaran along with the integrated fuel-filler. At the rear are large openings with strakes that mimic the look of the R8’s hind-end nicely. One thing that the Audi doesn’t have are this catamaran’s gull-wing doors. We expect Audi to drop a V10 engine in the R8’s engine bay soon enough, and this sea worthy ship will feature one of its own, though powered by biodiesel and making about 320-horsepower. Top speed falls a bit behind the vehicle that inspired its design at 110 miles per hour, but that’s supercar speed on the water.

In a move more “Um, yeah…” than “Oh yeah!”, Citroen has released the sixth teaser image of the car that will, one of these days, be revealed entirely to the world, all at once, front and back. We aren’t even sure if this qualifies as a tease, since getting a glimpse at a front end we’ve already seen doesn’t really ring the bell. What we can say is that one of our commenters appears to be right: the car does look like it’s only 10 inches high.

To celebrate its 26th year as Orange County’s most prestigious classic car show, this year’s Newport Beach Concours d’Elegance moved from its recent home in Irvine to the St. Regis Monarch Beach Resort in Dana Point. Still not Newport Beach, but much closer to the ocean at least. Benefiting the Mary & Dick Allen Diabetes Center at Hoag Hospital and the Assessment and Treatment Services Center, the event featured Cadillac as its honored marque to commemorate GM’s 100th birthday this year. Besides the gorgeous 1931 Cadillac Sport Phaeton V16 Fleetwood poster car, there were at least a dozen other notable Caddys, as well as about 150 other beautiful classic and collector cars, of which you can see most of them in our high-res gallery below.

Although a notch below the premier events like Pebble Beach, some of the most beautiful and significant vehicles around show up for this concours. Representatives from The Petersen, The Nethercutt Collection, the William Lyon Estate, the Mercedes Classic Center, the Simon Collection, the Caballeriza Collection, and the Marconi Museum were on display, alongside some superb machinery from local collectors like David Sydorick and Peter Mullin.

The VW Jetta TDI has proven to be quite popular in the short time it’s been on sale here in the U.S.: it has put sales of the Tiguan in the cooler and the ones that are available are very hard to get. Now the fairest Jetta of them all has set a Guinness World Record by traversing the lower 48 U.S. states while returning 58.82 mpg thanks to John and Helen Taylor.

The Taylors took 20 days to cover the 9,419 miles in a counter clockwise direction, and this wasn’t a hypermiling slow-as-you-can-go affair – they stayed within 5 mph of the speed limit. Their car was completely stock as it consumed just 11 tanks of ultra low sulfur diesel and traveled 853 miles per fill up. With that kind of mileage and handling high up on the fun factor, the Jetta TDI makes an excellent case for itself if you like driving and want to lower your fuel consumption.

VW also recently told us that the go-fast Jetta TDIs in the TDI Cup Series are returning an average of 25 mpg and doing their entire 7-race series on just two tanks of gas, which includes qualifying. If that’s true, there’s got to be another world record in there somewhere…

Today we get to see the updates that Honda has made for its next Element more clearly. The most noticeable action is up front as the boxy ‘ute gets Honda’s new corporate-look grille. Classier head lights flank the five-sided opening and circular fog lamps slot nicely below them. It’s a more mature look, which is fitting since the Element has proven popular with an older crowd than Honda had originally intended. Out back some shapely new tail lights appear alongside a subtly revised rear end.

As before, the standard model’s clean lines can be enhanced a bit with the SC model, which gets a factory body-kit with pronounced flares and air dams. We don’t spot any real changes on the inside, except an available nav system and chill box, though there was nothing wrong with the useful guts of the Element in the first place. We’re also not expecting any major powertrain changes, but we’ll report back when Honda makes things official.

Rumors of a new Volvo hot hatch have gotten hot again with talk of a new 300-horsepower C30 for Europe. According to reports, the new model would be powered by the same 2.5-liter inline-five cylinder turbo engine that powers the new Ford Focus RS. One difference between the two cars, which share a similar platform, is that the Swedish beauty would be offered with a Haldex all-wheel drive system in contrast to the Blue Oval’s torque-steer inducing front-engine, front-drive layout. Larger 20-inch wheels ought to fill out the arches quite nicely, and a special body kit should bring the whole look closer to the tarmac. To keep demand high, Volvo may limit the new model to 4,500 units worldwide, though we have no idea where it will offer the hatch besides the U.K. Considering that the Swedish automaker has diluted its R-nameplate, we’re also not certain what this performance-minded C30 will be called, but we’re sure it’ll be the most fun we’ve had in a Volvo for quite a long time.