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Porsche purchases Andial performance brand

Porsche announced on Thursday that it has purchased the legendary Andial name that has become a staple in the realm of Porsche racing and performance tuning. In 1975, the late Arnold Wagner (AN), Dieter Inzenhofer (DI), and former Porsche Motorsport North America president and current consultant Alwin Springer (AL) came together to build Andial (an anagram of the principals names), a successful and respected independent authority on Porsche-performance tuning. Since the last active owner, Inzenhofer, is retiring later this month, timing was ripe for Porsche to jump in and offer to carry the Andial torch.

BMW, Daimler experiment with upscale rent-by-the-ride

Two European luxury brands are tiptoeing into car sharing, a radical move for carmakers whose business for the past 100 years has been selling to individuals. German archrivals Daimler AG and BMW AG have launched sharing programs. The automakers say the move was prompted by changing attitudes about car ownership, especially among young buyers, and increased urban congestion.

2014 Range Rover Sport leaked online

In February, we saw the 2014 Range Rover in a leaked internal document sent to us by a dealer. Over the past few weeks, the company has been teasing the new Range Rover Sport, which will debut at the New York auto show. But on Wednesday, Facebook community page VMax 200 gave us a sneak peek, publishing snagged a shot of the new Rover in an auto shop.