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Audi prices SQ5 SUV at $51,900

The 2014 Audi SQ5 high-performance SUV will cost $51,900 when it hits showrooms later this summer. The first S variant of the Q-line makes power with a supercharged 3.0-liter V6 delivering 354 hp and 347 lb-ft of torque. Audi first revealed the SQ5 at the 2012 24 Hours of Le Mans race, and then again in production form at the Detroit auto show.

GM and PSA announce four joint vehicle programs

PSA Peugeot/Citroën and General Motors have confirmed they will develop four future vehicle projects as part of their ‘Global Strategic Alliance' as both parties grapple with dwindling sales and spiraling costs in the European market. The first is a joint program for a compact-class MPV for Opel/Vauxhall and a compact-class Crossover Utility Vehicle for the Peugeot brand. The second project has been confirmed as a joint MPV program for the small car segment for Opel/Vauxhall and the Citroën brand.

Formula One in USA: New Jersey to host F1 Grand Prix from 2013

New Jersey to host F1 Grand Prix of America from 2013 America has always played a marginal part in the F1 Circus. Yes, there have been lots of Grands Prix in the US, but the American public have never embraced F1 fully. But the news that New Jersey will host an F1 Grand Prix for ten years from 2013 could change all that.