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European car sales down 9.6% Jan 2013. VW Golf sales down 17.8%

Car sales in Europe continue to decline with sales down 9.6% in January 2013 and the top-selling VW Golf down by 17.8%. In fact, the UK was the only top five market to increase sales, with Germany down 8.6 per cent, France down 15.1 per cent, Italy down 17.6 per cent and Spain 9.2 per cent. Other notable drops included the Netherlands which saw a huge drop of 30.4 per cent, partly driven by tighter emission boundaries on company car taxation.

Audi A7 Concept leaks out

Audi has put out a car to fill just about every niche there is, and very successfully too, over the last few years. But it has rarely been an innovator, preferring to see how the water is before jumping in. The Audi Q7 and the Audi Q5 are good examples of this – late to the party but going to the top of the tree in no time.

2014 BMW X5 priced starting at $53,725

The 2014 BMW X5 was officially revealed by the automaker about a month ago, but now the pricing has been officially released. The rear-wheel drive X5 sDrive35i starts at $53,725 (all prices include destination and handling) while the all-wheel drive xDrive35i will start at $56,025. These models come with BMW's 3.0-liter twin-turbo inline-six laying down 300 hp and 300 lb-ft of torque.