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Audi RS Q3 concept

Audi is set to present its latest concept car, the RS Q3, at Auto China 2012. The concept has been developed around the theme of ‘dynamic performance', with Audi lowering its body by around 25mm as well as widening it with sharp detailing in an attempt to explore the potential of the Q3 model series. The concept's single frame grille is bordered by brushed and polished aluminum trim, while the black grille insert features honeycombs that are slightly offset to each other deeper inside to create a 3D effect.

Fiat makes bid to buy Opel

The proposed partnership between Fiat and Chrysler has been thrown into a tailspin with revelations that the Italian carmaker has made a secret offer to purchase a majority stake in Opel. Klaus Franz, chairman of Opel's works council, on Thursday confirmed Fiat's interest in a takeover of General Motors' European subsidiary, suggesting that officials have cleared the way for the signing of a letter of intent as early as April 28. Opel has been in talks with parts supplier Magna International on a possible partnership over the past month.

September sales hint at improvement

A 10 percent increase in new-vehicle sales in September is sparking optimism that the year will have a strong finish. And analysts say that deals might get better over the next few months as Toyota and Honda finally recover from shortages caused by the earthquake that hit Japan in March. Those brands might increase spending on incentives to woo buyers back into their showrooms.