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Audi Confirms New Q1 Mini SUV To Be Produced From 2016

GERMAN premium car maker Audi has announced plans to launch a new, small SUV in 2016 called the Q1. Slotting in below the firm’s existing Q3 model, its hoped the Q1 will help make a significant contribution to the company’s ongoing growth and will strengthen its international competitiveness as it expands into new markets and more countries. As an illustration of the company’s desire to expand, by 2020 its product range will have grown from the current 49 models to more than 60, and will reach total unit sales of more than two million cars each year.

Crunch watch Apr 09: the auto industry in crisis

By Tim Pollard and Ben Pulman Motor Industry 30 April 2009 17:21 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour  Thursday 30 April 2009• It's official: president Barack Obama confirms this afternoon Chrysler will file for Chapter 11 bankruptcy protection as it strikes a patnership with Fiat (Automotive News, subscription required)• 'Over the past month, seemingly insurmountable obstacles have been overcome,' says Obama. 'Chrysler and Fiat have formed a partnership that has a strong chance of success' • Chrysler is filing for bankruptcy protection under Section 363(b) of Chapter 11 bankruptcy code – expected to last for 30-60 days (Detroit News)• Treasury to pay Chrysler $4.5 billion 'in exit financing'• Chrysler tipped to get new board of directors.

2012 Hyundai Veloster stickers at $18,060

Hyundai has set the base price of the 2012 Veloster with six-speed manual transmission at $18,060, including destination. The three-door Veloster will also be available with six-speed EcoShift dual-clutch transmission for $19,310. Hyundai says it means for the front-wheel-drive car to appeal to the same group of buyers as the Mini Cooper, the Volkswagen Beetle and the Scion tC.