With Volkswagen's Phaeton scoring points among critics but causing confusion and consternation among VW/Audi brand managers, the badge has been undergoing a kind of reconsideration program. Now, as new shots courtesy of Winding Road indicate, a coupe version with retractable hardtop may be in the works. It'll face down the Mercedes SL in the battle of the upmarket two-doors. And judging from the swiftness with which engineers allegedly fled the scene, it's a top-secret project. [via Winding Road]

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