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Audi A3

Images of the next generation Audi A3 have been leaked ahead of its Geneva debut. The pictures show that the A3 has evolved gently from its previous incarnation, with more refined surfacing and intricate detailing akin to other Audi models. The familiar full-frame grille is flanked more angular LED lamps, which are reminiscent of the A3 sedan concept of Frankfurt as well as the production A1 supermini.

Germany to tax foreign drivers

GERMANY plans to introduce a car toll that seeks to make money from the millions of foreigners who drive through the country every year, the transport minister said today. Germany has a truck toll but, unlike many European countries, no car toll. Alexander Dobrindt said it wasn't fair that foreign drivers do not contribute to maintaining the roads and that "fairness gap" should be closed.

Ford agrees to sell Aston Martin

Ford Motor Company announced this week it has entered into a definitive agreement to sell Aston Martin, its prestigious UK sports car business. The new owner of Aston Martin is a consortium comprised of: David Richards, founder and chairman of Prodrive, a world-leading motorsport and automotive technology company; John Sinders, an avid Aston Martin collector and a backer of Aston Martin Racing; and Investment Dar and Adeem Investment Co, international investment companies headquartered in Kuwait. The sale is expected to close during the second quarter and the transaction values Aston Martin at GBP 479 million ($925 million). As part of the transaction, Ford will retain a GBP 40 million ($77 million) investment in Aston Martin.