Volkswagen Golf24 (2011): VW's new 'Ring racer

This flame-spitting beast is the Volkswagen Golf24, VW’s new Nurburgring 24hr racer. The Golf24 will race at the ‘Green Hell’ in the legendary endurance event on 25-26 June 2011, but although it’s been built as part of Volkswagen’s celebrations for the 35th anniversary of the GTI, it shares little with the hot hatch that we know and love. All sorts of parts from within the VW Group.

Fiat taking 35% stake in Chrysler

Fiat S.p.A. and Chrysler LLC confirmed today that the Italian company intends to acquire an initial 35 percent stake in the U.S. carmaker.

Spied: Mercedes-Benz SLC AMG? UPDATED

LATEST UPDATE Mercedes-Benz’s AMG performance car off-shoot has kicked off public road tests of its eagerly awaited new sportscar, which is planned to go on sale in North America in early 2015. Smaller and more affordable than the existing SLS AMG, which the new two door liftback will indirectly replace in the German car maker’s line-up, the new car is planned to compete directly with the Porsche 911, both on price and performance. The coupe model, caught here exiting AMG’s engineering headquarters on the outskirts of Stuttgart in Germany yesterday in the first round of durability testing, will proceed a convertible version of the front-engined, rear-wheel drive sportscar due out in 2016, with an expected price tag of around $100,000 in the US.