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Audi A3 Saloon concept at Geneva
Mon, 21 Feb 2011The Audi A3 Saloon Concept - previews the next generation A3 When you’re Audi, you’re expected to fill every premium niche imaginable – and then some. And it seems someone at Audi has realised that they’re missing out on a saloon (or Sedan, if you’re from the former Colonies) version of the Audi A3. Which will never do.
Volkswagen hits back, weighs making a bid for Porsche
Thu, 23 Apr 2009Volkswagen 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.
Watch the Audi Sport Quattro tear up the back roads
Mon, 28 Oct 2013Audi revealed its 700-hp Sport Quattro concept at the Frankfurt motor show in September; the car pays homage to the classic rallying Sport Quattro from the 1980s. On Monday, the automaker uploaded a video of the upcoming vehicle to celebrate 100,000 Facebook likes on its German social-networking page. The video shows the Quattro whipping and gripping through a forest/mountain stage.