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Porsche reveals extreme 911 GT2 RS

WITH VIDEO-- Porsche has revealed its most powerful and arguably most extreme road-going 911 to date: the GT2 RS. The new rear-wheel-drive road rocket will debut publicly at the Moscow auto show in late August and will go on sale in the United States in October. Sticker price: $245,000.

Smart car inventor Nicolas Hayek dies

Nicolas Hayek, the engineer and industrialist who founded the Swiss watch company Swatch and brought the world the Smart car, died on June 28 of heart failure at his office in Switzerland. He was 82. Hayek saved the Swiss watch industry from lower-priced Asian competition in the early 1980s by offering colorful, inexpensive Swatch timepieces that he backed with equally colorful marketing.

It’s the BMW 7-Series ‘Horse Edition’ to celebrate China’s Year of the Horse

The BMW 7-Series Horse Edition (pictured) heading for the 2014 Beijing Motor Show China is a huge car market for premium brand, so with the Beijing Motor Show on the way we’ll no doubt be seeing a raft of China Specials revealed as car makers seek to appeal to China’s still deep-pocketed buyers. Cars like the Ferrari 458 Italia China Special Edition, Audi R8 China Edition, Porsche 911 Turbo S China 10th Anniversary Edition and Aston Martin’s ‘Dragon 88′ special editions of the DBS Volante, Virage Coupe and V8 Vantage S Coupe are just a few of the China Specials Western car makers have bolted together to tempt the Chinese to part with their cash. Now we have another with the BMW 7-Series Horse Edition, which might sound like a special edition Land Rover Discovery but which is in fact a titivated 7-Series to celebrate the Year of the Horse.