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Audi A3 concept (2011) at 2011 Geneva motor show

Strip away the big wheels, give it a few numberplates and you're looking at the next Audi A3. Audi unveiled this thinly veiled production car at the 2011 Geneva motor show this morning. So this is the next Audi A3? Pretty much, although while it is undoubtedly a sharp looking saloon, from the front three-quarter angle you’d be hard pushed to work out whether this was an A3 or A6.

Lotus announces partnership with Mansory

Group Lotus has announced its new collaboration with Mansory, which will become its official customization studio. The German tuner will be contributing bodywork, trim and special finishes for the Elise, Exige and Evora in yet another controversial strategic decision for the UK company. Lotus confirmed the first fruits of this new partnership will be the unveiling a new model variant at September's Paris motor show, two years after the highly ambitious announcement of five new models of which the first is yet to become reality.

Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.