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Future products: Ownership change may revive 2 small Porsches

Now that it's owned by Volkswagen, Porsche reportedly is planning two small vehicles that the German sports car maker's previous management had nixed. Porsche is expected to increase the size of its Boxster roadster, leaving room at the bottom of the range for a smaller midengine car engineered jointly with Volkswagen. A small SUV also is likely to be added.

Ford, GM work together on new nine-, 10-speed transmissions

Ford Motor Co. and General Motors are developing nine- and 10-speed transmissions jointly for use in cars, crossovers, pickups and SUVs. The rivals say partnering on the automatic front- and rear-wheel-drive gearboxes will get them to market faster and cheaper than each automaker could do on its own.

2014 Jaguar XJ updates announced

The 2014 Jaguar XJ (pictured) gets a number of updates Updates come along every year for cars as manufacturers look to keep up with the competition. But the updates for the 2014 Jaguar XJ are perhaps more relevant this year with the arrival of the new Mercedes S-Class, as Jaguar try to keep the now ageing XJ an attractive offering. But Jaguar have concentrated more on the feel than the look of the XJ with its 2014 upgrades, so there are no real cosmetic differences.