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Bugatti honors past heroes with 'Les L

Evidently spurred onwards by corporate sibling Bentley -- and running out of precious jewels, pure bloods, and Harry Potter artifacts to name their limited-edition cars -- Bugatti is trotting out a limited-edition run of Veyrons to honor its past drivers and past glories. And Bugatti, of course, is nothing without its past glories. Bugatti is nothing without its special editions, either.

Audi to engineer next Porsche Cayenne

Audi will develop Volkswagen group's Porsche Cayenne, VW Touareg and Audi Q7 large SUVs in the future. Currently, Porsche has responsibility for engineering the three models, which share the same underpinnings. The decision to transfer developement to Audi comes after Porsche was chosen instead of Audi to be the lead developer for large luxury sedans and sports cars within VW group.

Chrysler CEO vows never to repeat mistakes from Cherokee launch

Chrysler Group CEO Sergio Marchionne acknowledged mistakes in the way the company developed and launched the 2014 Jeep Cherokee, and vowed to never repeat them. "What we've learned is that we'll never repeat it. We're never going to take a plant down and be out of the market for over a year," Marchionne told analysts in a conference call today.