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Audi previews future product plans

Audi's U.S. boss stopped by One AutoWeek Tower on Tuesday afternoon and offered us an update on the brand's future products. Here's what's happening in the next few years, straight from Audi of America president Johan de Nysschen.

Audi sells over 1,000,000 cars in 2008

Audi breaks the 1,000,000 car sales barrier in 2008 [ad#ad-1] Audi has really made an impression on the car market in the last decade. From the old Auto Union days (which was created by amalgamating the car makers Horch, Audi, DKW and Wanderer), it is now part of the German luxury car triumvirate – BMW, Mercedes and Audi – and considered to be the equal of the others. No mean feat.

Fisker, Energy Department face tough Congressional hearing on federal loans

Struggling Fisker Automotive took a bludgeoning Wednesday on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric-car producer to draw down nearly $200 million in taxpayer-funded loans. House Oversight Chairman Darrell Issa, R-Calif., told Fisker founder Henrik Fisker that he will be remembered fondly for his design work for BMW and Aston Martin. But he compared Fisker to Malcolm Bricklin, John DeLorean and Preston Tucker -- three entrepreneurs known for their failed startup car companies.