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Porsche reveals extreme 911 GT2 RS

WITH VIDEO-- Porsche has revealed its most powerful and arguably most extreme road-going 911 to date: the GT2 RS. The new rear-wheel-drive road rocket will debut publicly at the Moscow auto show in late August and will go on sale in the United States in October. Sticker price: $245,000.

Ford CEO Alan Mulally to deliver keynote address at CES

Ford is continuing to double-down on its Sync technology as a way to separate itself from competitors, and in that theme CEO Alan Mulally will again deliver a keynote address at the Consumer Electronics Show in January in Las Vegas. He's expected to unveil the next round of Ford's Sync features at the show, which is a bellwether event for the technology industry. He also spoke at last year's show, and former GM CEO Rick Wagoner addressed it in 2008 as part of efforts by auto execs to showcase new innovations in their cars.

Watch: Ford Fiesta Rallycross car showcased in Detroit

The Ford Fiesta ST and the streets of Detroit and Belle Isle are the stars of this promotional video released on June 26 by Ford Racing to help promote the ongoing bid of organizers who are hoping to lure the X Games to the Motor City in 2014. Detroit is one of four finalists for the 2014 X Games, along with Austin, Texas; Charlotte, N.C., and Chicago. An announcement is expected late this summer as to which of the three cities will be awarded the three-year run of Summer X Games.