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Audi reveals new Quattro concept sketches before Frankfurt

Audi has released a series of official design sketches revealing its reborn Quattro supercar concept, which will underpin the German carmaker's presence at the Frankfurt motor show next month. The modern-day Quattro aims to revive the spirit of the rally-bred Sport Quattro launched in 1984. The aggressively styled coupe has been conceived as a limited-production model that is set to be priced above that of any existing Audi model as technological figurehead for the rest of the lineup with a new plug-in hybrid driveline that mates a twin-turbocharged 4.0-liter V8 gasoline engine and electric motor for an overall output close to 800 hp.

Vauxhall, Opel, Pegueot, Citroen merger talks fail

Talks between GM Europe and PSA (Peugeot Citroen) have failed as a French government bailout for PSA looks imminent. When we reported in March that G.M. Europe (Vauxhall and Opel) has signed an agreement with PSA (Peugeot Citroen) to cut costs and share platforms we thought it a pointless gesture; the savings, compared to the huge losses, were minimal.

Spyker in negotiations to sell its sports-car business to focus on Saab

Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co. a year ago, said it has signed a memorandum of understanding to sell Spyker's assets to U.K.