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Porsche buys Nardo for high-speed tests

Porsche has announced it is to take ownership of the famous Nardo Proving Ground in southern Italy. The company's engineering consultancy wing, the Porsche Engineering Group, will assume ownership as of May 2012. Nardo is currently owned by Italian firm Prototipo SpA.  No fee has been disclosed by either party.

Chrysler to begin building the next Jeep Grand Cherokee in May

Chrysler Group will begin building the 2011 Jeep Grand Cherokee--the first salvo in an effort to restore a product-starved lineup--on May 3, CEO Sergio Marchionne said Tuesday. Marchionne told an industry conference in New York that sales of the redesigned Grand Cherokee will begin in July. Chrysler plans to have 100 percent of its existing lineup refreshed or replaced by the end of 2012, as a wave of new products derived from the alliance with Fiat S.p.A.

Smaller Mercedes SLS confirmed, and with front-mounted V8 too

Baby Mercedes SLS AMG - or at least how it could have looked if mid-engined We’ve believed for some time that Mercedes were planning a smaller version of the SLS, but so far there’s been no official word. But that’s now changed, with AMG’s Christoph Jung telling AutoExpress that Mercedes and AMG are currently working on a smaller SLS, to go head-to-head with cars like the Porsche 911 and Audi R8. Interestingly, we’d thought that Mercedes would go the route of a mid-engined two-seater for the baby SLS, and that it would probably get a turbo V6. But it would appear not.