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Porsche purchases Andial performance brand

Porsche announced on Thursday that it has purchased the legendary Andial name that has become a staple in the realm of Porsche racing and performance tuning. In 1975, the late Arnold Wagner (AN), Dieter Inzenhofer (DI), and former Porsche Motorsport North America president and current consultant Alwin Springer (AL) came together to build Andial (an anagram of the principals names), a successful and respected independent authority on Porsche-performance tuning. Since the last active owner, Inzenhofer, is retiring later this month, timing was ripe for Porsche to jump in and offer to carry the Andial torch.

Nissan holds the sticker price steady on its 2012 Versa hatchback

Nissan said on Monday that the sticker price for the base version of the 2012 Versa hatchback will be the same as that of the 2011 model--$15,140, including shipping charges. The 2012 Versa S hatchback comes standard with a six-speed manual transmission. A four-speed automatic adds $1,000 to the sticker.

Ultra-rare Steyr Puch 500 goes to auction

£18,000 might seem like a lot of money for a car based on the original Fiat 500, but this particular Steyr Puch example is one of just 33 ever built. Austrian firm Steyr Puch entered into an agreement with Fiat in 1954 after production was halted during World War II, and began production of the 500 under licence. Only 33 right-hand drive examples were ever produced, and of those only two survive; this example and one in the Steyr Puch museum in Austria.