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Audi brings new luxury crossover to U.S. in 2014

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Audi announced today that it will roll out the Q3 luxury crossover vehicle in the North American market during the fall of 2014.

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The Q3, which first went on sale internationally in 2011, will compete directly with the compact BMW X1. The small SUV will reportedly feature a 2.0-liter TFSI turbo-four rated at 200 hp.

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"We are now, for the first time, entering into the premium compact class of SUVs," said Scott Keogh, president of Audi of America in a statement.

The Q3 joins Audi's larger Q5 and Q7 luxury models. It shares many components, including transmission and engine, with the Volkswagen Golf and Audi A3.

Audi is a division of the Volkswagen Group.