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Citroen AirCross – based on Citroen C3 Picasso – revealed

The Citroen AirCross - looks like a South America only crossover This could be a new car from Citroen, but it could just as easily be another of those oddities that car makers throw at the southern end of the Americas. Citroen in Brazil has revealed – via Twitter – the Citroen AirCross, which is basically a Citroen C3 Picasso with a bit of Crossover / SUV butchness thrown in to create a rugged urban crossover. And it’s based on the old Citroen C3, which makes us think there’s a chance this may not be a world car.

News watch June 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 June 2010• Tesla shares have rocketed 40% on their first day of trading; the company went public this week with the first IPO of an American car company since Ford in the 1950s (BBC News)• GM may sell off its interests in finance arm GMAC and parts supplier Delphi as it seeks to write down its debts (Financial Times)• A Federal judge has approved the $20m sale of a former GM plant in Wilmington to Fisker Automotive; Fisker hopes to build 100,000 cars a year once production hits a peak after launch in 2012. It is using a $529m government loan to fund its launch (Detroit News)Tuesday 29 June 2010• UK business secretary Vince Cable has warned that the car industry is no longer in an emergency – and cannot expect direct government support.

CES: Welcome to the four-ringed, self-driving future

According to Ricky Hudi, the head of electronics development at Audi, "Ninety percent of automotive innovations today are due to electronics." He should know. He's working on that final piece of the puzzle that elevates our Traffic Assist and Lane Assist and Park Assist and Whiz-Bang Assist into a cohesive package that, yes, gives us the self-driving cars our commuters and slackers have always wanted. Audi believes that we will be saved by technology.