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Audi to hold Urban Future Summit

Aiming to further the thinking initiated at the inaugural Urban Future Awards last year, 2011 will see Audi hold the Urban Future Summit on September 12 in Frankfurt, just prior to the start of the 64th international motor show. The symposium will feature presentations from internationally renowned speakers on the future of individual mobility in megacities, with participants from all over the world. The goal of the summit is to ‘build knowledge networks', focusing on the subject of "Energies - what forces will change the cities of the future?" Expert speakers such as Saskia Sassen, Carlo Ratti, Ludger Hovestadt and Charles Leadbeater will be among those who will discuss how mobility and the urban space must develop to meet the demands of future cities.

Ford Edge gets $200 price cut

Ford Motor Co. said Tuesday that the 2011 Edge crossover will start at $27,995 including shipping. That's about $200 less than the 2010 model, although Ford added more power to the 2011 base engine.

Tesla system will swap a Model S battery in 90 seconds

"This is the title fight," said Elon Musk, in typical brashness. "This is battery-powered versus gasoline." The Tesla CEO preached this to a crowd of Tesla owners and supporters while formally confirming the company's worst-kept secret: the fact that the Model S sedan's batteries were designed from the beginning to be swapped out. The system Tesla envisioned has plenty of ambitious, techno-wizardry automation, with a focus on as much convenience as possible: The Model S will drive over a pit containing machinery which automatically changes the battery from underneath in approximately 90 seconds -- and the driver doesn't even have to get out of the car.