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NYC carriages about to go extinct?

If you love taking horse-drawn carriage rides in New York City, you best hurry -- they might be replaced with new horseless carriages by next year. At the New York auto show Florida-based car restoration firm The Creative Workshop introduced an eight-passenger electric horseless carriage designed to replace today's horse-drawn carriages. The company says its car blends “early 20th-century style, nostalgia and romance with 21st century eco-technology, comfort and safety,” calling the Horseless eCarriage the first brass-era-type car in more than 100 years.

Toyota, Nissan shift gears and boost incentives

A day after announcing that its North American factories would be cranking up production sooner than expected, Toyota Motor Sales U.S.A. unveiled a series of regional cash, interest-rate, and lease incentives on most of its vehicles. Nissan Motor Co.

Porsche mulls smaller SUV, sports car

Porsche may develop a small SUV and a sports car smaller than the Boxster as it aims to double worldwide sales in the next three years. Bernhard Maier, head of sales and marketing at Porsche AG, confirmed that the company is looking into smaller and less expensive models “but we have taken no decision so far.” The small SUV has been code-named “Cajun”--short for Cayenne Jr. The success of the Cayenne SUV has given Porsche confidence to “investigate if there are other opportunities,” Maier said.