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Porsche threatens to pull Boxster production from Magna

Porsche is considering canceling an existing contract with Magna to build the next-generation Boxster and Cayman in Austria starting in 2013 and may instead move production to Karmann in Germany. The move would be aimed at protecting Porsche's closely guarded engineering and production cost secrets for its upcoming entry-level roadster and coupe. Porsche insiders say plans established under former boss Wendelin Weideking to build the Boxster and the Cayman at Magna's Graz factory in Austria are now being heavily reviewed following the Canadian/Austrian company's bid to take control of financially embattled Opel from General Motors.

Video: Chip Foose talks about, renders his first VW Golf

In order to promote the launch of the Golf R in the US, Volkswagen has created a series of videos featuring fans of the iconic Euro hatch for a new iPad app. Here Chip Foose, founder of Foose Design and presenter of hit TV show, Overhaulin', tells the story of his first VW Golf, a 1985 GTI. But the highlight of the video is watching Foose produce a marker rendering of the MkII GTI in his own distinct style, usually associated with the hotrod scene.

Ferrari Superamerica 45: One-off 599 created for wealthy American customer

Ferrari has revealed a one-off version of the 599 commissioned by New York-based art collector and property developer Peter Kalikow. Called the Superamerica 45, the new open-top car was created to commemorate the 45th anniversary of Kalikow's first Ferrari purchase, a secondhand 400 Superamerica convertible. It will go on public display for the first time at this weekend's Concorso d'Eleganza Villa D'Este on the shores of Lake Como in Italy.