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Maserati Makeover: Italian luxury maker plans for dramatic growth

Maserati announced ambitious growth plans on Thursday to dramatically increase global production to 50,000 units by 2015. By comparison, Maserati delivered 6,159 units in 2011, an increase of 8.5 percent compared with the previous year. More than 2,700 of those were versions of the GranTurismo.

Chrysler vows to rebuild SRT

Ralph Gilles promises that Chrysler Group will be "very choosy" about the cars and trucks that get the SRT performance badge. Gilles, recently named head of SRT, is charged with rebuilding the SRT unit, which languished when Chrysler was owned by Cerberus Capital Management. Three new SRT vehicles, versions of the Dodge Charger and Chrysler 300 sedans and the Jeep Grand Cherokee, will arrive in dealerships this fall, joining the Challenger SRT8.

Ford halts plans for rwd cars

With demand uncertain for big cars in the years ahead, Ford Motor Co. has dropped plans for new rear-wheel-drive sedans. Ford design chief J Mays told Automotive News on Sunday that plans for rwd Ford and Lincoln sedans have been shelved.