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Dealer's belief in Porsche led to $5 million store

Car dealer Jack Daniels IV is used to seeing the grins on people's faces when they hear his name. And he's OK with it. "People have said, 'It's my favorite drink, so I thought I'd buy a car from you,' " says Daniels, who in April opened the largest Porsche dealership in America.

Nissan reportedly to adapt hybrid system for front-wheel drive

Nissan Motor Co. is reportedly developing a front-wheel drive adaptation of its in-house hybrid vehicle technology for the next generation Altima Hybrid as early as next year. The system will be based on the rear-wheel-drive hybrid drivetrain that debuted in the 2012 Infiniti M Hybrid, Japan's Nikkan Kogyo business daily says.

Viper sports car division no longer for sale

By Ben Whitworth Motor Industry 13 July 2009 14:08 Viper’s yo-yoing lifeline looks to be finally secured after ailing parent company Chrysler said the sports car maker was no longer for sale. Rather than killing off its muscle-bound brand, last summer Cerberus-run Chrysler considered selling off the rights to the Viper, hoping to achieve around $10m for the Detroit assembly plant and brand equity to bolster its dwindling cash reserves and stave off imminent bankruptcy. After an initial surge of interest from similar-minded companies like Roush and Saleen, curiosity nosedived along with the global economy.