Audi Pulls Plug on Q7 Hybrid

Despite the run-up in gasoline prices in the U.S. and the market’s rapid shift in demand toward more fuel-efficient vehicles, Audi AG is shelving plans for a hybrid-electric Q7 cross/utility vehicle, an insider confirms.

Audi executives said in January at Detroit’s North American International Auto Show the Q7 Hybrid could debut as early as late-2008 in some markets, possibly making it to the U.S. by mid-2009, but the auto maker is scrapping any plans of selling the vehicle and ...