Audi announced that the most powerful and fastest version in the TT’s history, the TTS will be coming to U.S. dealer showrooms in late 2008. Unveiled at the Detroit Show in January, the TTS is offered in 2 + 2-seater Coupe and Roadster body styles. Both variants are powered by a 2.0-liter turbocharged engine that in the U.S. delivers 265 Hp and a peak torque of 258 lb-ft.

Equipped with Audi’s 6-speed twin clutch S-Tronic gearbox and quattro all-wheel-drive system, the TTS Coupe accelerates from nought to 60 mph (96 km/h) in 4.9 seconds and on to a governor-limited top speed of 155 mph.

According to the German carmaker, in the U.S., the TTS is positioned between the BMW Z4 3.0si and BMW Z4 M with key competitors also including the Mercedes-Benz SLK350, Porsche Cayman and Boxster. -Continued

While U.S. pricing will be announced at a later date, Audi revealed that the TTS’ standard features includes quattro permanent all-wheel drive, 6-speed twin-clutch S-Tronic gearbox, magnetic ride adaptive suspension system, 18-inch aluminum wheels, xenon plus headlights with LED daytime running lights, plus – on the Roadster – a fully automatic soft top including power wind deflector.

Inside, all TTS’ get a multifunctional leather sports steering wheel along with extended aluminum trim and heated sports seats with leather/Alcantara upholstery. An automatic air conditioning system and Isofix child seat mountings on the front passenger seat are also included

As for the list of optional extras, it includes two navigation systems, a Bose sound system, an iPod port, an LED interior lighting package, electrically adjustable seats, as well as the Audi adaptive light dynamic cornering light system.

See more pictures of the TTS here and a video here.