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Audi names new U.S. boss

Marketing veteran Scott Keogh is taking the helm of Audi of America. Keogh has been Audi's chief marketing officer for six years. He replaces longtime Audi president Johan de Nysschen, who left earlier this month to take a top position at Japanese luxury brand Infiniti.

Hyundai to launch battery electric car in 2016

The Hyundai BlueOn EV (pictured) was Hyundai’s last electric car Back in 2011 it seemed that Hyundai was to concentrate on building hydrogen powered and hybrid cars as it looked to the future, but that seems to have changed. Back then, Hyundai Motors head of R&D - Yang Woong-Chul – said he believed BEVs (battery electric vehicles) had zero chance of replacing ICE cars because of their poor range, poor battery technology and high costs. But it seems Hyundai has had a rethink.

Arizona auctions: Scottsdale sales net an estimated $157 million

WITH VIDEO -- Five days of sales staged by auto auction companies in the Phoenix area pulled in a combined estimated total of $157 million, according to Hagerty Insurance. The five companies staging auctions--Barrett-Jackson, Gooding & Co., RM Auctions, Russo and Steele and Silver Auctions--offered 2,887 lots for sale and sold 2,325 of them, an 81 percent sell-through rate. A 2006 Ferrari FXX Evoluzione at the Gooding auction was listed as the top single sale with a price of $2.09 million, Hagerty said.