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Marchionne says he'll likely step aside from Chrysler in 2015 or 2016

Chrysler CEO Sergio Marchionne on Wednesday hinted that he will be stepping aside from the helm of the U.S. automaker within five years. During a question-and-answer session at the 2011 Management Briefing Seminars in Traverse City, Mich., the 59-year-old executive said Chrysler's future plans "will be up to the guy after me--after 2015 or maybe a year later….

2011 Ford Mustang prices to start below those of the Chevrolet Camaro

The 2011 Ford Mustang with a new V-6 engine will be priced under the rival Chevrolet Camaro when it arrives at dealerships next month. Ford Motor Co. says the 3.7-liter V-6 version will start at $22,995, including shipping.

2013 BMW M5 facelift & new M6 get Competition Package

The BMW M5 (left) & M6 with new Competition Packacge But the 2013 BMW M5 – and its coupe sister, the BMW M6 – will also be getting a Competition Package option for 2013, which is probably more interesting than the minor tweaks to the 2013 5 Series. The Competition Package adds more power to both the M5 and M6 – a whole 15bhp, taking it up to 567bhp – enough to improve the 0-62mph by 0.2s on both M5 and M6 as well as re-tuned dampers and springs – which lower ride height on the M5, but not the M6 – stiffer anti-roll bars, new M Diff and an improved Dynamic Mode which should allow you to play a bit more. On the cosmetic front, just like the 5 Series facelift, you’ll have to look quite hard to see what the Competition Package adds, but you do get a black finish on the tail pipes and a slightly different set of 20″ alloys.