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Mercedes-Benz A-Class concept

The A-Class concept from Mercedes-Benz is set to make its debut at both the Shanghai and New York auto shows later this month. A distinctively aggressive development over the outgoing model, the A-Class concept is said to draw on the 'defined edges and free interplay of surfaces' first demonstrated with the F800 Style. The taught muscularity of other Mercedes models is also translated onto the show car.

Audi A3 Concept (2011): first pictures

Audi has released first sketches of the Audi A3 concept, ahead of its debut at the 2011 Geneva motor show. Audi is previewing the upcoming A3 with this saloon concept. It's powered by the fan-favourite five-cylinder turbocharged engine in 408bhp specification. Quattro four-wheel-drive and a seven-speed S-tronic double-clutch transmission complete the powertrain.  Sizewise, the new A3 saloon is 4440mm long, 1840mm wide and 1390mm high.  That's longer than the current A3 Sportback (4.3m) but shorter than the current VW Jetta saloon (4.64m). The new concept is slightly wider and lower than the current A3.

Senate releases $350 billion more in bailout money

The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.