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New Porsche Cayenne drives Porsche profits – up 25 per cent

Porsche Profits up 25 per cent - driven by Porsche Cayenne sales Building the Cayenne will be the end of Porsche, cried the Porsche anoraks when Stuttgart entered the SUV fray with the Cayenne back in 2003. But nothing could be further from the truth. As we’ve pointed out endlessly, the lure of a capable and sporty SUV with an iconic badge is a license for Porsche to print money.

Saleen Performance rolls out two commemorative S302s for Mustang Week

Saleen Performance will celebrate Mustang Week in Myrtle Beech with two commemorative-edition pony cars. And this is not a limited run. There really are just two of them--a coupe and a convertible--and they are on display at the event.

GM closes UK Advanced Design Studio

CDN has learnt that General Motors is closing its UK Advanced Design Studio as part of its ongoing restructuring program. Clay Dean, GM's executive director of advanced global design and Cadillac's brand director, arrived at the studio on 4 August to announce the closure to staff. The UK studio, which opened in 1999, was predominantly involved in the creation of Cadillac concept cars and was originally planned to be a short-term confidential operation as the smallest of GM's design studios.