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Subaru BRZ-STI concept

Subaru is poised to unveil the BRZ-STI concept at the at the LA auto show later this month. A concept version of the all-new rear-wheel drive compact sports car jointly developed with Toyota, the lightweight BRZ shares most of its mechanical components with the Toyota FT-86 concept, which made its first public appearance at the 2009 Tokyo motor show. A world away from Subaru's ‘Sports Car Architecture' concept that has made the rounds at the past few motor shows, the BRZ's design is remarkably similar to that of the FT-86.

Audi Confirms New Q1 Mini SUV To Be Produced From 2016

GERMAN premium car maker Audi has announced plans to launch a new, small SUV in 2016 called the Q1. Slotting in below the firm’s existing Q3 model, its hoped the Q1 will help make a significant contribution to the company’s ongoing growth and will strengthen its international competitiveness as it expands into new markets and more countries. As an illustration of the company’s desire to expand, by 2020 its product range will have grown from the current 49 models to more than 60, and will reach total unit sales of more than two million cars each year.

Whitacre named General Motors' permanent CEO

Ed Whitacre, General Motors Co.'s chairman, will become the automaker's permanent CEO, it was announced on Monday. In a brief press conference, Whitacre, 68, said GM plans to pay back government loans to the U.S. and Canada by June.