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Economic downturn might hit plans for Porsche small roadster

Porsche's decision on whether to build an entry-level roadster will depend on the global economy, CEO Matthias Mueller said. Mueller said that if the automaker decides to go ahead with the car, sales would begin at the earliest in the third quarter of 2014, but probably later. A decision on production will depend on how the global economic situation pans out, particularly in relation to the auto industry, Mueller said.

Volvo XC Coupe concept (2014) first official pictures

By Ollie Kew First Official Pictures 08 January 2014 09:00 This is the Volvo XC Coupe concept, revealed in full after teaser sketches were shown late last year. It’s 'the next chapter in the Volvo design story', according to the Swedish automaker and it's new design boss, Thomas Ingenlath. The rakish SUV will take centre stage for Volvo at the Detroit motor show later in January 2014.

BMW, Toyota to jointly develop a sports car

BMW and Toyota Motor Corp. on Friday said they will develop a sports car together and cooperate in fuel cell technology, powertrain electrification and lightweight technologies. BMW CEO Norbert Reithofer and Toyota President Akio Toyoda signed an initial agreement at BMW's Munich headquarters to expand long-term strategic collaboration between the two automakers.