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Audi denies high price hits sales of new A1

Audi denied suggestions that its new A1 entry-premium car is losing sales because it is priced too high. Audi dealers and industry observers believe the A1 is failing to attract an expected rush of customers because it costs too much for its target group of young people, according to Automobilwoche. The A1's starting price is 15,800 euros ($20,873) in Germany.

Kansas City car dealer admits to sending $23,500 to al-Qaida

A Kansas City used-car and auto-parts dealer admitted in federal court to sending $23,500 to terrorist group al-Qaida. Khalid Ouazzani pleaded guilty on Wednesday to terrorism-related charges in court in Missouri and admitted he sent the money to the terrorist organization through a bank in the United Arab Emirates in 2007-08. He also pleaded guilty to bank fraud and money laundering.

Audi RS5 (2010) first official pictures

This is the new Audi RS5, a £60,000 super-coupe with a high-revving 4.2-litre V8 and a 174mph top speed. It's Audi's riposte to the BMW M3, and we'll see it in the metal at next week's 2010 Geneva motor show. Under the bonnet is the same naturally aspirated 4163cc V8 that powered the old RS4 and is currently found in the R8, but Audi’s Quattro GmbH division – responsible for all of Ingolstadt’s RS models – has squeezed an extra 30bhp out of the engine. That means the high-revving, direct-injection 4.2-litre V8 produces 444bhp at 8250rpm, along with 317lb ft from 4000 to 8000rpm.  That power is sent through a seven-speed S-tronic gearbox to all four wheels, and with the Launch Control system engaged it’s enough to propel the 1725kg coupe to 62mph in 4.6 seconds, before powering the RS5 on to its 155mph limiter.