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New Porsche 911 Turbo gets a bigger engine and cranks out 500 hp

There are plenty of good reasons to go to the Frankfurt motor show in September, but this seals the deal--Porsche will use the show for the rollout of the new 911 Turbo in coupe and convertible versions. Porsche on Friday gave us photos and details on the newest 911. Here are the high points: -- New 3.8-liter flat-six engine rated at 500 hp.

Bentley future design competition held at Hongik University, South Korea

Bentley has held its first design competition in collaboration with a university outside the UK. Director of design, Luc Donckerwolke, and head of exterior and advanced design, Sangyup Lee, tasked students at Hongik University in Seoul with designing a Bentley that would be released in 2040. In addition to looking to the future, students were asked to take the Bentley 'Blue Train' as inspiration: the car driven by three-time Le Mans-winner, Woolf Barnato, who, in March 1930, bet £100 that he could drive his Bentley from Cannes in the south of France to The Conservative Club in London in the time it took the luxurious Blue Train to travel from Cannes to Calais on the English Channel.

2011 Jeep Grand Cherokee to start at less than $33,000 for four-wheeler

Perhaps the most important vehicle to be launched by Chrysler this year, the 2011 Jeep Grand Cherokee, will start at a price that's a shade less than $33,000 for a four-wheel-drive model. The base model with two-wheel drive is $30,995. This Jeep, shown in concept form for more than a year, is critical to refreshing the Detroit automaker's aging lineup and generating some much-needed product mojo.