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MG TF roadster likely to die this year

The venerable MG TF is likely to be axed this year after 16 years of production. The new Chinese-owned MG company has manufactured a few hundred TFs in Longbridge as it's taken its first tentative steps towards relaunching the famous brand in its home market. But Brits have bought just a handful of TFs since its relaunch in 2008.

2013 Australian Motor Show axed

This year’s Australian Motor Show in Melbourne has been cancelled by its organizers three months before its planned opening. Falling attendance figures played a big part in taking the decision, as did what is seen as a lack of manufacturer support. The Australian International Motor Show Joint Venture's event director Russ Tyrie said the decision was taken "based on a consensus view of the automotive industry to focus limited marketing budgets in 2013 on firm-specific activities, rather than an industry-based motor show." The Volkswagen Group's decision not to attend may well have acted as the final nail in the coffin along with Hyundai's hesitancy despite initial support.

Audi sets 2012 A7 prices for U.S.

The 2012 Audi A7 hits U.S. showrooms later this month with a sticker price of $60,125, including the destination fee. The four-door is largely unchanged from 2011.