2001 Audi A6 Quattro 4.2l V8 on 2040-cars

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Audi boss: no to minivan

Well done to you, Rupert Stadler. We salute you. The Audi exec went on record during an interview with Automotive News and basically shut the door on the idea of a Audi-badged minivan. When asked by AN, Stadler pointed to the high conquest rate enjoyed by crossovers and SUVs compared to minivans. On top of that, Stadler argued against vehicles like the BMW 2 Series Active Tourer by pointing out that customers tend to shy away from minivans because of the image they put forth. "Consumers are more likely to switch to an SUV and are more likely to pay a premium price because SUVs are considered more emotional," Stadler told AN. "We would rather be the emotional choice than the rational choice." It's not all good news, though. Stadler gave a resounding "no" to an A8 wagon, based on the Prologue Avant Concept, as well as a BMW 6 Series rival. Instead, Audi will focus on the upcoming Q8 SUV, which the exec said was "more likely to be a winner than a large coupe." The company is also hard at work on additional Sportback models, although Stadler didn't elaborate on which models could get the five-door treatment. Related Video:

Formula E is on track financially, with NYC race coming up

LONDON - Formula E could be breaking even already were it not investing for the future, chief executive Alejandro Agag said on Monday after the electric motor racing series reported continuing losses in its latest annual accounts. Accounts filed at Companies House showed Formula E Operations Ltd reduced its operating loss to 33.7 million euros ($38.32 million) at end-July 2016, a period covering its second season, from a previous 62.7 million. Net liabilities rose to 107.2 million euros from 72.1 million, while total revenues reached 56.6 million from a previous 19.7 million. "Everything is going according to plan," Agag, whose city-based series will be racing in New York for the first time on July 15 and 16, told Reuters in an interview at his London offices. "Actually we are doing incredibly well financially according to our plan. "We could have broken even this year but we decided to invest more in marketing and promotion. We decided to add races like the one in New York, which is in year one a race which is costing, we have significant capital expenditure." "It's really up to us when we want to go to break even or not. We could be in break-even now, we could be in break-even next season but we may decide to invest more in marketing and promotion." Agag said the shareholders, including John Malone's Liberty Global and Discovery Communications, were supportive of the strategy and the series had attracted more investors, sponsors and car manufacturers. The New York races will be held in Brooklyn's Red hook neighborhood, with lower Manhattan and the Statue of Liberty as a backdrop with technology partner Qualcomm securing the naming rights. MANUFACTURER INTEREST Agag, whose series plays down competition with Liberty Media-owned Formula One, said more carmakers were set to join a series increasingly aligned with their commercial focus. "I think Formula E has become the preferred destination for manufacturers and there are a few reasons for that," said the Spaniard. "Obviously, one is that it is electric and manufacturers are more and more focusing on electric cars...and we are the only platform really to help them promote that technology and those types of cars. "And second, because of the cost. The cost of the team in Formula E is very moderate." Whereas top Formula One teams can burn through $300 million a year, as can the likes of Toyota in the World Endurance Championship, the budgets of successful Formula E teams are between 10 and 15 million.

Audi Adaptive Cruise Control is the 2017 Autoblog Technology Feature of the Year

Adaptive cruise control is not a new concept, but it is evolving, and Audi is at the forefront. Those advancements were enough for us to name Audi's Adaptive Cruise Control the winner in the feature category for the 2017 Autoblog Technology of the Year awards. The simple name is somewhat misleading. In addition to keeping the car a set distance from the car ahead in traffic, Audi's adaptive cruise takes into account topography, curves, and speed limits. Pass a speed limit sign and the set speed will reset it to match. Or when traveling on a winding road, the car will slow appropriately for the slower corners. With a navigation destination set, it will even slow the car so you can make the turn without hitting any pedals. It's currently available on the Audi A4 sedan and Allroad as well as the Q7 crossover, and will be optional on the upcoming S4, A5/S5, and Q5 and other future Audi models. Audi's advanced cruise system beat out two other finalists in the feature category, Jaguar's Activity Key and the Cadillac Rear Camera Mirror. To us, the Audi system represents a bigger step forward and a greater impact on safety. It will also inform future full-autonomous features and marks a step in that direction. For more on our 2017 Autoblog Technology of the Year awards, including the winner in the car category, check out our awards page. Audi Technology Technology of the Year Autonomous Vehicles Luxury Videos