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Porsche to delay entry-level roadster, report says

Porsche plans to delay the introduction of an entry-level roadster amid worries that the car could dilute the brand's image, CEO Matthias Mueller was quoted as saying in a German magazine. "Possibly we need to wait until the next generation of customers before the idea of a small roadster will work for Porsche," Mueller was quoted the business publication Wirtschaftswoche on Jan. 15.

Honda plans gasoline engine for the CR-Z

Honda is set to provide the CR-Z with an all-new four-cylinder gasoline-engine option as part of plans to broaden the compact coupe's appeal in key world markets, including North America. Currently available with just one engine option—a gasoline-electric hybrid system that mates a 1.5-liter four-cylinder engine with a brushless electric motor—the CR-Z is also earmarked to receive a turbocharged 1.6-liter four-cylinder engine currently undergoing development in Japan. The new unit, which is also planned for the Jazz, the Civic and the Accord, forms an integral part of an engine downsizing program instigated at Honda.

Luxury car price crash in China

Mercedes in China offering 25 per cent discounts on S Class Mercedes, BMW and Audi are having to offer discounts of up to 25 per cent on luxury cars in China to shift stock. The huge Chinese car market has been seen as a sales salvation for Western car makers; the automotive equivalent of shooting fish in a barrel. But it looks like that’s all changing, particularly at the luxury end of the market.