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Audi to hold Urban Future Summit

Aiming to further the thinking initiated at the inaugural Urban Future Awards last year, 2011 will see Audi hold the Urban Future Summit on September 12 in Frankfurt, just prior to the start of the 64th international motor show. The symposium will feature presentations from internationally renowned speakers on the future of individual mobility in megacities, with participants from all over the world. The goal of the summit is to ‘build knowledge networks', focusing on the subject of "Energies - what forces will change the cities of the future?" Expert speakers such as Saskia Sassen, Carlo Ratti, Ludger Hovestadt and Charles Leadbeater will be among those who will discuss how mobility and the urban space must develop to meet the demands of future cities.

Peugeot 208 GTi: Official

Peugeot has reviewed the 208 GTi Concept from Geneva 2012 and turned it in to the production GTi. Debuts at Paris. On sale early 2013.

GM profits surge to $3.2 billion in first quarter

General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.