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Ferrari plans new club to help loyal owners buy limited-edition cars

Ferrari plans to create a collector's club to give loyal customers a better chance of owning one of the company's limited edition cars. The club likely will be open only to people who possess at least five Ferraris. The Italian supercar brand says there are about 300 collectors worldwide who own five or more Prancing Horse models.

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.

Audi Q5 headed for U.S. showrooms

It will take just a bit more than $38,000 to get into Audi's 2009 Q5 all-wheel-drive crossover. Audi has set the sticker price for the Q5 Premium, which is the starter trim level, at $38,025 including shipping charges. There are two steps up the trim-level ladder--the Premium Plus, which stickers for $42,325, and the Prestige, which carries a bottom line of $49,025.