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Audi Quattro concept (2010): the 21st century ur-Quattro

By Ben Pulman First Official Pictures 30 September 2010 22:29 This is the new Audi Quattro concept, just unveiled by Ingolstadt at the VW Group party on the eve of the 2010 Paris motor show. Built to celebrate 30 years of Quattro, it’s based on a shortened Audi RS5 platform (but built from aluminium and carbon) and features a tuned engine from the TT RS.This new Audi Quattro concept looks rather like a beefed-up Audi E-tron concept – is it? Nope, it’s actually based on the Audi RS5.

Lotus not liquidating

When a storied car brand moves only 137 units in a year in the UK and 242 in the US, predictions of said marque's demise carry a certain amount of weight -- 137 is not exactly a number that makes an automaker too big to fail. When the manufacturer in question shows up on a government list of companies to be shut down, brand-enthusiast hearts get heavy; the early stages of mourning kick in. But when the company in question is Lotus, the enthusiast thinks to himself, “Eh, they've been in dire straits before.

Bondholders snub GM, bankruptcy filing likely

Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.