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First Audi show car overseen by Marc Lichte to debut at LA Auto Show

Audi has confirmed that the first show car to be overseen by its new head of design, Marc Lichte, will be unveiled at the Los Angeles Motor Show. Audi hasn't confirmed the exact time of the car's big reveal, but its press conference is scheduled for 9:00am on 19 November. The news was accompanied by an official teaser image, which doesn't reveal a great deal about the new car, aside from the fact that it seems to be a large sedan or shooting brake.

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.

Audi A4 (2012): the revised saloon, Avant and Allroad

It’s an impressive feat when a manufacturer releases five new models in a single day, and that’s what Audi’s managed to do. Or has it? By clever manipulation of its naming strategy, five new cars turns out to be a mid-life refresh of its popular A4 range and all its variants.