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Audi A5 Sportback offered exclusively in Europe, U.S. customers stiffed

Audi is expanding the A5 lineup in Europe with a Sportback version--we're talking a four-door with a coupelike roofline. It will join the coupe and convertible A5s now on sale. The bad news?

Pebble Beach: Cadillac reveals Ciel four-door convertible concept

Eldorado. De Ville. Cadillac convertibles once meant something.

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen 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.