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Daimler, BMW, Audi consortium nabs Nokia maps for $2.72B

A consortium of German automakers made up of Daimler, BMW, and Audi has reportedly banded together to buy Nokia's Here mapping division for the equivalent of about $2.7 billion. The particulars of the deal aren't yet official but could be announced at the end of July. Reuters claims that this info comes from anonymous insiders speaking to Manager Magazin in Germany. It might be too soon, however, to declare a buyer. Reuters also spoke to two other insiders, and they said that no deal has been completed yet. None of the firms involved has officially spoken about the negotiations. Some of the other bidders for the division have reportedly bowed out. Here is a high-definition digital mapping company that controls about 70 percent of the auto market. The company has a fleet of vehicles with cameras and LIDAR (pictured above) to generate all of the necessary information. It also partners with trucking companies to use their GPS data. Nokia started looking for potential buyers for Here earlier this year. Tech giants that reportedly included Uber and Apple were rumored to be interested, while German automakers also teamed up to submit a joint bid in part to protect their access to the maps. On paper, Here is only valued at around $785 million, but a sale in the billions now seems assured. Related Video: News Source: ReutersImage Credit: Nokia Here Earnings/Financials Audi BMW Technology here nokia here

2014 Audi RS Q3 breaks out ahead of Geneva reveal

Ahead of its big reveal next month at the 2013 Geneva Motor Show, Audi has released a handful of images and plenty of details for the all-new RS Q3. As the first-ever crossover from the marque with RS branding, this will be the fourth RS model to go on sale this year after the RS5 Cabriolet, RS6 Avant and the RS7, and while UK and Germany sales have been confirmed, there is no word as to whether we can expect this high-performance CUV to be available in the North America.
Sharing its 2.5-liter turbocharged and direct-injected five-cylinder engine with models like the TT RS and the RS3 Sportback, the 2014 Audi RS Q3 should deliver on performance, as it pumps out 310 horsepower and 309 pound-feet of torque (peak torque starting at just 1,500 rpm and running up through 5,200 rpm). This potent engine is paired to Audi's seven-speed S tronic transmission and Quattro all-wheel drive. Despite its small stature, the RS Q3 still tips the scales at just over 3,800 pounds. Even so, performance figures are still impressive with a limited top of 155 miles per hour and a stated 0-62 mph time of 5.5 seconds. The RS Q3 also gets a sport suspension that has been lowered by 25 millimeters, launch control and weight-saving front rotors with a wave-cut and cross-drilled design gripped by massive eight-piston calipers.
Looking almost identical to what we saw last year in concept form in China, the 2014 RS Q3 looks just as sporty as its spec sheet suggests that it is. Up front, the fascia gets massive air intakes with silver vertical accents and, like other recent RS models, the Quattro emblem is written across the lower air intake. The silver accent motif also continues on the grille surround, mirror caps, roof rails and rear diffuser trim, and the oval exhaust outlet is also an identifying feature of Audi's RS cars.

2013 Audi RS6 Avant hauls ass and then some

Holy moly. Despite the fact that Audi first released details on its 2013 RS6 Avant back in December, we're still just as smitten with it now as we were a couple months ago. And why wouldn't we be? This stunning piece of forbidden fruit combines two of our favorite things: fast Audis and useful wagons.
The meat and potatoes behind the RS6 Avant is its twin-turbocharged 4.0-liter V8, tuned to crank out 560 horsepower and 516 pound-feet of torque. Mated to an eight-speed automatic transmission, the all-wheel-drive wagon can scoot to 60 miles per hour in just 3.9 seconds, on its way to a top speed of 155 mph. Opting for the Dynamic package ups that v-max to 174 mph, and selecting the Dynamic Plus pack increases that even further to 190 mph.
This RS6 Avant certainly looks the part of an extreme ass-hauler, fitted with the usual RS-spec gaping air intakes, 21-inch wheels, sport exhaust and carbon fiber ceramic brakes. Combine all that goodness with dynamic ride control, an adaptive air suspension and torque-vectoring Quattro all-wheel drive, and we have no doubt that this thing will scare off every other station wagon in the parking lot. (Well, except maybe that Mercedes-Benz E63 AMG. Woof.)