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Porsche boss Mueller: A launch every year, 200,000 sales by 2018

By 2018, Porsche CEO Matthias Mueller, 57, aims to boost annual global sales to more than 200,000 units, up from 97,000 in 2010. To do so, he will introduce at least one new Porsche every year. Mueller, a former executive at Volkswagen AG, replaced Michael Macht as Porsche AG CEO in October.

College Exhibition: IED Fiat/Chrysler project

Second year students at the Istituto Europeo di Design (IED) in Turin, Italy, recently completed a Fiat/Chrysler sponsored project, which began in February 2009. Conceived as a didactic exercise to think about the recent alliance between Fiat and Chrysler, 37 students were asked to design a vehicle capable of combining the technical know-how, platforms and values of both brands in order to generate interesting and competitive new products for the European and the American markets. In creating their concepts, students were asked to take into account the style, economic accessibility and the low environmental impact of Fiat vehicles as well as the new platforms and major industrial and production capacity afforded by the Italian automaker's alliance with the Chrysler brand.

One of one: unique 1,000hp Lotec Mercedes supercar for sale

Think the 1,000hp Bugatti Veyron was groundbreaking? What if we told you there was a Mercedes-Benz supercar with the same power output back in 1995 – a decade earlier than the Bugatti – and one that also claimed a higher top speed? Meet the Lotec C1000.