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Audi hardwood bicycle

Following on from its collaboration with Head for carbon fiber skis, Audi has teamed up with Renovo Hardwood Bicycles to create yet another performance-oriented product. Audi is launching the Duo range of cycles as ‘an embodiment of its core principles of progressive innovation' that aim to blend craftsmanship and styling with performance and technology. As a result, each Duo is built around a monocoque frame that is made from hardwood, which not only increases ride comfort – thanks to the material's ability to absorb shock and vibration – but also serves to reduce weight.

Audi A3 and S3 Saloon (2013) first official pictures

Audi has plugged the slender gap between the five-door Audi A3 Sportback and A4 saloon with this new model: the A3 Saloon. Available in the full range of A3 powertrain and trim options, a 296bhp S3 version will follow in a few months, as seen in these first official pictures. How do I pigeonhole the Audi A3 Saloon?

Jaguar slashes prices – in Australia

Jaguar has slashed prices across its range in Australia – by as much as £40,000 – as it fights for a bigger market share. But there’s also a feeling that all those years of protectionist import tariffs have inured Australians to the high price of luxury cars, and that car makers take advantage of that by keeping prices high, regardless of the level of taxes imposed on their products. That means something like a Rolls Royce Phantom costs £650k and a Porsche 911 starts at £150k.