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German automakers' stocks fall as EU investigates collusion

BERLIN/FRANKFURT - Volkswagen will hold a special supervisory board meeting on Wednesday to discuss allegations that German carmakers operated a wide-ranging cartel, a source familiar with the matter said on Monday. The European Commission said on Saturday antitrust regulators were investigating a possible German auto industry cartel following a tipoff. At stake is whether carmakers VW, Audi, Porsche, Mercedes and BMW used German auto industry committees to discuss pricing of components and technologies, and whether such talks constituted anti-competitive behavior. A VW spokesman confirmed an extraordinary supervisory board meeting would be held on Wednesday but declined to give details. German auto stocks took a hit in early trading on Monday, weighed down by uncertainty over possible antitrust fines after European regulators said they were probing cartel allegations. VW shares were down 2.8 percent, with Daimler and BMW down 3.4 percent and 2.5 percent respectively, lagging the blue-chip DAX index, which was 0.7 percent lower. Exane BNP Paribas automotive analyst Stuart Pearson said little was known about the allegations, but no signs had emerged about fixing prices charged to consumers. "More ugly details could yet emerge, leaving German manufacturers - and the EU auto sector - still firmly in the sin bin for now," he added. The car industry has been hit with billion-euro fines on both sides of the Atlantic in recent years for cartels related to various parts such as lighting systems, engine coolers and bearings. The industry's record on exhaust emissions is also under close scrutiny after VW admitted in September 2015 to cheating U.S. diesel emissions tests and investigations have shown many vehicles exceeding pollution limits outside of testing labs. On Friday, German magazine Der Spiegel said VW, its Audi and Porsche brands, Mercedes-owner Daimler and BMW may have colluded to fix prices on components, including of diesel emissions treatment systems, using industry committees. Spiegel said the talks also led to the use of smaller tanks containing AdBlue, a urea-based liquid needed to help filter nitrogen oxides (NOx) from diesel emissions. Larger tanks would have been more expensive, the magazine said. Auto industry experts, however, have said the effectiveness of exhaust filtering systems does not depend on the size of an AdBlue Tank. BMW, for example, has equipped its cars with urea injection as well as a NOx-storage catalytic converter.

2016 Audi A6 to start at $46,200*, A7 begins at $68,300*

Audi has announced pricing on the new A6 sedan and A7 four-door coupe, with the former starting at $46,200 for a 2.0-liter, turbocharged four-cylinder and front-wheel drive. Of course, things can and do climb rapidly from there. Adding Quattro all-wheel drive to the four-cylinder model bumps the price up $2,200, while moving from the base Premium to the mid-level Premium Plus trim will add $3,700, regardless of the drivetrain. Speaking of that Premium trim, it's only available on the 2.0-liter A6. Every other variant starts with the Premium Plus. At that point, the cheapest six-cylinder you can get is the $57,400 model, while the diesel-powered A6 TDI starts at $59,500. Moving up to the top-end Prestige trim bolsters the price by $4,200, for both engines. If you fancy the sleeker lines of the A7, the entry-level 3.0-liter Premium Plus can be had for $68,300, while the TDI runs $70,400. While the starting price is higher than the A6, adding the Prestige trim is more reasonable, with both engines demanding $2,650 for the top-tier equipment level. And of course, we can't get away without mentioning Audi's high-performance models. A base S6 Premium Plus begins at $70,900, while the Prestige is $75,300. The S7 and RS7, both of which are limited to the Prestige trim level, start at $82,900 and $108,900, respectively. None of the above prices include the standard $925 destination charge. Scroll on down for the official press release on the pricing changes for the new Audi A6 and A7. Related Video: Audi announces pricing for the new 2016 A6 and A7 model lines April 17, 2015 | Herndon, Virginia Award-winning vehicles get more dynamic designs, improved technology and greater power and efficiency New 2.0 Liter TFSI engine – the most powerful engine in its class, with greater performance and efficiency Standard next generation of MMI® with Audi connect® and rapid 4G LTE connectivity Audi today announced pricing for the 2016 A6 and A7 model lines. With new engines and updated design, all Audi A6 and A7 models now offer more power, greater fuel efficiency and class-leading technology for two of the Audi brand's top-selling vehicles. The 2016 A6 and A7 sedans boast more athletic design as well as new headlights and driver assistance systems. New infotainment systems provide even higher levels of interior luxury and refinement.

Introducing the 2017 Audi A4 Allroad, round 3 of our long-term test

It has been all Audi, all the time for the past few months here at Autoblog. The folks at Audi offered us a unique long-term test of the whole A4 line, a chance to see what it's like to live with the car in all its iterations. We first spent time with a Glacier White Premium Plus sedan. Then we stepped up to a Prestige sedan in Moonlight Blue. Now we're driving a Premium Plus A4 Allroad wagon in Gotland Green. We're saving what we presume will be the best for last when we take delivery of an S4. What we got The A4 Allroad shares the same powerplant as the sedans: a 2.0-liter turbocharged inline-four making 252 horsepower and 273 pound-feet of torque, with a seven-speed S-tronic dual clutch automatic. The setup briskly moves the wagon from 0-60 miles per hour in under six seconds. An Allroad starts at $44,000 MSRP for basic Premium trim. This Premium Plus tester starts at $47,000. Add $575 for the metallic Gotland Green paint - a dignified color that drew back-to-back compliments from a carwash guy and a passing postal carrier, and pairs nicely with the Nougat Brown leather interior. The car is equipped with the $3,000 Premium Plus option package, which includes a sweet Bang & Olufsen 3D sound system; heated, auto-dimming, power-folding side mirrors; an alarm system; heated eight-way power front seats with driver memory; LED headlights; and parking assist . The car also carries the Technology package, in which $3,250 gets you navigation, side and rear sensors, and Audi's elegant Virtual Cockpit instrument display. Those two equipment groups include trials of Audi Connect. The Care, Prime, and Plus packages of Connect offer services such as Google Earth mapping and Google voice search, SOS and roadside-assistance calling, dynamic route guidance, and a lot more. The blind-spot monitoring system packaged with this car is particularly nice, as it employs extra-large amber lights and an audible warning. They greatly augment the rather small, teardrop-shaped side mirrors. Finally, the wagon has the $500 Cold Weather package with heated rear seats and heated, multifunction steering wheel with shift paddles. Its high-gloss burl walnut wood inlays cost $350. Throw in the $950 destination charge and you're looking at MSRP of $52,625. What we skipped We didn't go for the $1,450 Warm Weather Package, which would have provided ventilated front sport seats with four-way lumbar support. The car also came without the rear side airbags, a $350 option.