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Audi (VLKAY.PK) will unveil its smallest A3 sedan ever at the Shanghai Auto Show with plans to...

Audi (VLKAY.PK) will unveil its smallest A3 sedan ever at the Shanghai Auto Show with plans to start selling it in the U.S. and China in early 2014. The model looks to be a direct competitor for the new Mercedes-Benz (DDAIF.PK) CLA. The bigger picture: Look for German automakers to step up their entries into the luxury market in North America and Asia with the dismal European automobile market forecast to be slow for quite a while.
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