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Audi A7 Sportback (2010) first official pictures

This is the new Audi A7 Sportback, a sleek hatchback designed to take on the next-generation Mercedes CLS and the forthcoming BMW Gran Coupe. It’s a bigger brother to the already established A5 Sportback, and underneath the five-door skin is the same platform that will underpin next year’s more sedate A6 saloon. Audi claims the A7 Sportback offers the sporty elegance of a coupe, the comfort of a sedan and the practicality of an estate, though if you just want either of the last two an A6 saloon and Avant based on the same platform will appear in 2011.

Mini at the Salone del Mobile, Milan

Mini is using this year's Salone del Mobile in Milan to showcase its 'flair for design.' As with previous years, Mini will be using sites at Milan's Università degli Studi and the Triennale Design Museum for its installations that highlight the brand's 'Creative Use of Space' philosophy. The running theme between the two works is the progression of the brand, from its roots, through to the future of mobility. The Università degli Studi instillation is entitled 'Mini Sintesi' and was initiated by Italian design magazine INTERNI under the watchful eye of Gilda Bojardi.

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.