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Porsche Boxster & Cayman to get 4-Cylinder Turbo: Official

The next Porsche Cayman (new Cayman GTS pictured) will get a 4-Cylinder turbo We already know that the new Porsche Macan will be getting 4-Cylinder VW engines later this year as Porsche looks for a lower entry-level point for the Macan, but it’s not just the Macan going the 4-Cylinder route. Porsche boss, Matthias Mueller, has confirmed to Germany’s Auto Motor und Sport Magazine that Porsche are preparing new 4-cylinder turbo engines for the Cayman and Boxster – but not engines from VW. Instead, Porsche will be lopping two cylinders off the Boxer engine to create a new 4-Cylinder Boxer engine with power outputs up to 395bhp.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.

Hyundai celebrates 10 years of 5 Year Warranty – & we get Mint Imperials

Hyundai are celebrating a decade of their 5 year warranty in the UK, a warranty deal that has forced other car makers’ warranties to improve. Before Hyundai became a real mainstream force in the car market they launched a five year warranty on their cars as an unbeatable sign of faith in their product. It’s now ten years since Hyundai rolled out their warranty – which covers everything for 5 years and for an unlimited mileage – and long before Hyundai cars were ready to be mentioned in the same breath as the offerings from more established car makers.