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Porsche to produce Boxster S Black Edition

The new 2012 Porsche Boxster S Black Edition will be available this spring, the automaker said Wednesday. The Black Edition is powered by the same 3.4-liter six-cylinder engine found in the Boxster S. But the Black Edition produces 320 hp, 10 more than the Boxster S.

Volkswagen to buy 42 percent of Porsche, full merger planned

Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday. VW will pay $4.7 billion for its initial stake in Porsche. It positions the new company to have 10 brands and global sales of 6.4 million, and Volkswagen CEO Martin Winterkorn is likely to lead the entity.

Year-end discounts on 2012 models

Dealerships are working to get rid of the remaining 2012 models as the year comes to an end, so there are plenty of incentives on 2012 cars, pickups and SUVs. Here are our picks for the best deals: Chrysler 300 Chrysler is offering up to $5,500 cash back to buyers of select 2012 Chrysler 300 models. The most steeply discounted models include both the rear-wheel and all-wheel-drive versions of the 300C, 300C Luxury Series and 300S V8, as well as the 300S Mopar 12 rear-wheel-drive model.