Word is that Volkswagen has plans to develop a… (wait for it)… rear engine MINI competitor. Here’s an excerpt from Leftlanenews.com:

>The reasons for designing such a vehicle are not known, but VW might be trying to create a new niche for an ultra-sporty low-cost compact car. Earlier this month, we told you how Volkswagen’s new CEO Martin Winterkorn intends to fill “lucrative market niches” with new models over the coming years. His goal is to transform VW into a maker of high-profit niche cars.

You can read more here:

[ Report: Volkswagen Plans Rear Engine MINI Competitor ] Leftlanenews.com