Premium Plus Navigation Audi Side Assist Push Button Start All Wheel Drive on 2040-cars

Auto blog

Why BMWs are cheaper than Hyundais in Korea

Bloomberg reports shifting tariff regulations have upended the traditional automotive pecking order in Korea. Thanks to cheaper import taxes, foreign brands have seen market share jump from 28 percent to 41 percent over the last two years. BMW, Mercedes-Benz and Audi have all capitalized on the shift, with domestics like Hyundai and Kia suffering at the hands of their German rivals.
Taxes on European imports have fallen from 8 percent in 2011 to just 3.2 percent today. Over the next few years, tariffs will all but be eliminated for most imports, and taxes on US-made vehicles are expected to fall to just 4 percent in 2014. By 2016, that number will be zero. Needless to say, Hyundai and Kia are concerned about the shift.
Hyundai has seen profit fall by 15 percent last quarter, and the company says it is on pace to see the slowest sales growth since 2007. The company's shares have fallen by 12 percent. In order to stem the losses, Hyundai has discounted its midsize sedans and started working on diesel engine options.

Next-gen Audi Q7 to debut in Detroit

Audi's public relations team must really be getting fed up with research and design boss Ulrich Hackenberg. Aside from basically confirming that the next Audi R8 will share its bones with the Lamborghini Huracán and noting that it may take advantage of the Asterion Concept's hybrid powertrain technology, he's now let slip that the second-generation Q7 will arrive in January at the 2015 Detroit Auto Show.
"If you make a trip to Detroit, you'll see it," Hackenberg reportedly told Indian Autos Blog during Paris Motor Show festivities.
That's a bombshell, particularly as we've heard plenty about its potential powertrain technologies, including spy shots of diesel-powered models, plug-in-hybrids, sporty SQ7s and electric turbochargers, but there's been absolutely nothing concrete about when and where the car would debut.

Audi Sport Quattro Concept makes video debut

Audi has stayed quiet about its Sport Quattro Concept since the 700-horsepower, tangerine rocket debuted at the 2013 Frankfurt Motor Show - a followup to Quattro Concept shown at the 2010 Paris Motor Show. Now, Audi has broken the plug-in hybrid out to give thanks to its Facebook fans, which now number over 100,000 strong (103,123 as of this writing).
As impressive as that number is, it does seem a bit strange that Audi USA's Facebook page has netted 7.3 million likes, 73 times what Audi's global page has received. Of course, we're not complaining about seeing the Sport Quattro Concept in action, and neither should you. Take a look below for the entire video.