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News watch April 2012: 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-hourMonday 30 April 2012• Kia posted global first quarter 2012 profits up 26%, with sales up 12% worldwide. 635000 new Kias found homes, 79000 in Europe (up 24.6% on 2011 in a total market which contracted 7.1%), with the USA now Kia's largest market ahead of Korea.

Audi Q5 (2008) unveiled

By Tim Pollard First Official Pictures 19 April 2008 12:00 A decade after rival BMW, Audi is finally joining the mid-sized SUV party. The new Q5, unveiled at this weekend's Beijing motor show, is Ingolstadt's answer to its hometown rival the X3, and is based on the oily bits from the A4. Which speaks volumes about its intent.Unsurprisingly, that means it's aimed squarely at on-road performance, where it will shuttle five occupants around in - you'd imagine - saloon car comfort.

Mountune will upgrade your Focus ST, Fiesta ST

UK-based Ford tuner Mountune set up shop in the U.S. just a couple months ago, and is already offering upgrades to the Ford Focus ST and the Ford Fiesta ST. Mountune is Ford's official partner in Europe, and their experience goes back 30 years Mountune comes from a slightly different branch of Ford tuning that North American buyers are used to -- their specialty has been tuning Ford's smaller cars in Europe rather than muscle cars, and they've worked on everything from Escorts to Focuses (though perhaps not the Escorts and Focuses that we're used to).