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Audi pours $28 million into Silvercar rental company

Want an Audi waiting for you when you land at the airport? Silvercar is the place to turn. The rental car company exclusively stocks fully loaded silver examples of Ingolstadt's finest at airports across the country, available to book via smartphone app with no lines or paperwork. And now the automaker whose vehicles make up its fleet is investing big in the company. Audi's $28-million Series C investment is earmarked to help Silvercar expand into new markets. The company only started in 2012 and already runs locations at airports in Los Angeles, San Francisco, Miami, Orlando, Phoenix, Dallas, Austin, and Denver. In the last six months alone, it opened new locations in Las Vegas, Fort Lauderdale, Chicago, and New York as well. Aside from promoting the rental operation, Audi and Silvercar will collaborate on developing the Audi Shared Fleet program to allow companies to loan vehicles out to their employees. Audi of America chief Scott Keogh will join the Silvercar board, along with Ken DeAngelis from Austin Ventures, which contributed Series B funding alongside Facebook co-founder Eduardo Saverin. Audi to lead $28 million Series C equity issue by car rental innovator Silvercar January 04, 2016 | HERNDON, Virginia - Largest equity issuance yet by Silvercar - Funding will help Silvercar and Audi launch the new Audi shared fleet, a turnkey transportation solution on corporate campuses - Investment extends the Audi connection with Silvercar, which bases its fleet exclusively on silver Audi vehicles Audi is leading a new $28 million Series C equity issuance by Silvercar, the next-generation car rental company. The capital raise is the largest yet for Silvercar, which was founded in 2012 with a fleet consisting of silver Audi models. The Series C announcement comes as Silvercar unveils its enhanced digital and mobile platforms designed for an optimized user experience and expands into Las Vegas, its 12th market, all of them in the U.S. Silvercar also received funding from Series B investors, including Austin Ventures and Eduardo Saverin, co-founder of Facebook. The funding will enable Silvercar to accelerate its award winning airport car rental business and expand to new markets nationwide. Additionally, as part of the next phase of the Silvercar partnership with Audi, the companies will work in tandem to develop Audi Shared Fleet, a turnkey solution for businesses looking to provide accessible transportation to their employees on corporate campuses.

Audi Sport plots ambitious growth for RS lineup

Audi Sport is set to double its range of high-performance, RS-badged vehicles, reports Autocar. In an interview, Stephan Winkelmann, head of Audi Sport, revealed plans to add eight RS models to its lineup by early 2018. Winkelmann didn't reveal which vehicles would get the RS treatment, but said that "it is better to under-promise and over-deliver." Audi has several RS-badged cars, including the RS7, RS6 Avant, TT RS (both in its hard-top and soft-top variant), RS Q3, and RS3 (some of which are sold in the US). Autocar believes that the A1, A4, and Q5, along with the R8 are next in line to get the RS treatment in some markets. With Mercedes-AMG selling more vehicles, 80,000 units over the past few years, according to Autocar, it makes sense for Audi Sport to follow closely behind with a similar idea. While Mercedes is placing the AMG badge on its vehicles to bridge the gap between its high-performance and lower end models, Audi Sport says it's taking a different tactic. "We are not going to do what they do," Winkelmann said. Even without the extra vehicles, Audi RS sales could top 20,000 units this year, reports Autocar, with Winkelmann stating that the brand would experience "double-digit growth this year." Hopefully, Audi Sport's decision to add more RS models will result in some of those high-performance cars coming to the US. Related Video: Featured Gallery 2018 Audi RS3 Sedan: Paris 2016 View 15 Photos News Source: AutocarImage Credit: Live photos copyright 2016 Drew Phillips / Autoblog Audi Convertible Coupe Wagon Performance Sedan

2015 Audi S3 configurator goes live with all the black and silver paint you've hoped for

It has already been nearly a year since we completed our First Drive of the premium pocket rocket Audi S3, with official pricing for the car detailed earlier this summer. Those are facts, but facts won't help you while away your lunchtime in blissful, car-dreaming reverie, will they?
No, for help with imagining just exactly the kind of Audi S3 that you'd like to put in your garage, the freshly launched configurator is just the thing.
Every 2015 Audi S3 will come with 2.0T power under the hood - to the tune of 292 horsepower and 280 pound-feet of torque. The most basic Premium Plus trim (an interesting renaming of "entry level" we'll grant you) starts at $41,100 before destination, while the higher-content Prestige asks $47,000. The extra six grand buys you full LED lighting, tri-zone climate control, S model appearance upgrades like quad exhaust tips and a more advanced infotainment suite with Bang & Olufsen sound.