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Porsche confirms four-cylinder Macan

Porsche has said that its new Macan SUV will come with four-cylinder engines – making it the first four-pot Porsche since 1995. Porsche engineer Antoon Janssen told MSN Cars: “There will be four-cylinder engines added to the range shortly. You will find out more details soon, but I can’t tell you any more.” On Bing: see pictures of the Porsche Macan New 2014 Porsche Macan revealed in LA The engines are likely to be both petrol and diesel, and from within the Volkswagen group.

Smart's $99 loan deal has big balloon payment at end

Hoping to benefit from the federal cash-for-guzzlers program, Smart USA has set up a $99 monthly payment for buyers who use their $4,500 rebate. But there's a catch--and a hefty balloon payment disclosed only as a note to an asterisk in Smart's press information announcing the offer. The Smart financing is for $99 a month for 36 months, with a balloon payment of $6,667 due at the end.

Global Automotive Forum hosts designer roundtable meeting in Chengdu, China

The second Global Automotive Forum took place last week in the Jiaozhi international conference center in Chengdu, one of the most important economic and transportation centers in Western China. The two-day event was based around the theme of 'Crossing from Producing to Innovation Country' and was attended by more than 80 people from the global automotive industry. While most of the sessions revolved around the greater automotive industry in China, Car Design News was asked to organize a session of the forum centered on design, which included a 'roundtable meeting' for designers.