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Chevy reveals 45th-anniversary special edition, and more power, for the Camaro

Chevrolet has let slip some of the details on the 2012 Camaro. Highlights for the sports car include a few more horsepower from the V6, a new suspension package for the SS and a 45th anniversary special edition Camaro that will go on sale to celebrate the pony car's entrance into old age. The direct-injection V6, which sees duty in everything from the Cadillac CTS to the Malibu and a few crossovers, will deliver 323 hp in this application.

2014 Porsche Panamera gets new hybrid

The Porsche Panamera has been restyled and the lineup gains a plug-in hybrid model, along with a new twin-turbo V6 for the Panamera S and 4S models that is more powerful than the former base V8. Also, Porsche is adding a stretched version of the Panamera with 5.9 inches added to the wheelbase for additional rear-seat legroom. The restyled Panamera goes on sale in the United States late this year as a 2014 model.

Alfa Romeo is not for sale, Fiat chairman says

Fiat will not sell its Alfa Romeo unit and plans to relaunch the brand in the United States in late 2012, top Fiat executives said. “We would not sell Alfa even if we were offered tons of money,” Fiat chairman John Elkann told reporters at the Detroit auto show on Monday. Fiat and Chrysler CEO Sergio Marchionne said: “Alfa is part of Fiat's operational perimeter and we've already invested too much to get rid of it.” Volkswagen AG is rumored to be pursuing Alfa Romeo.