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Audi Q5 due next year: Autoweek Magazine

Audi will offer a hybrid version of its Q5 premium SUV in the US starting in late 2010, says Wolfgang Hatz, head of powertrain development for the Volkswagen group. If the car is a success in the US, Audi said it may launch it in Europe. In an interview at the auto show here last month, Hatz said Audi must offer a hybrid model to compete with rival vehicles that already offer the technology, such as the Lexus RX 400h.

GM posts quarterly net income of $1.96 billion

General Motors Co., in its final financial snapshot before next week's initial public offering of stock, posted third quarter net income of $1.96 billion on revenues of $34.06 billion. The results, released Wednesday, were in line with a forecast issued last week. GM now has earned $4.16 billion on revenues of $98.71 billion through three straight profitable quarters this year--a dramatic swing after five consecutive annual losses.

Toyota Sai Revealed

The Toyota Sai Hybrid - a Toyota-ised Lexus HS 250h When we reported on the Sai’s launch schedule we did apologise that we didn’t have more information . All we knew was that it would be a Toyota hybrid based on the Lexus HS 250h and launch on the 20th. And remarkably, that just about covers it even though Toyota has unveiled the Sai.