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Daimler to build a fifth Mercedes-Benz model at its Alabama plant

Daimler AG said it will invest $350 million to produce a fifth Mercedes-Benz model at its factory in Vance, Ala., starting in 2015. The investment will create an additional 400 jobs at the plant. The company did not provide details about the additional vehicle.

Detroit convention center to get upgrades for auto show

For now, the Motor City will retain its spot on the calendar of international auto shows, as plans to upgrade the aging convention center where it's held annually will move forward. A $300 million deal to renovate and expand the nearly 50-year-old Cobo Center in Detroit is set to proceed after an Aug. 1 deadline to scuttle the plan passed without opposition from local officials.

Ducati-powered Volkswagen XL1 in the works, may be called XLR

Volkswagen is pushing ahead with plans to boost the performance of its two-seat XL1 with a highly strung two-cylinder gas engine sourced from the Ducati 1199 Panigale superbike, high-ranking insiders at the German car maker have confirmed. Speaking on the sidelines of the unveiling of the new e-Golf in Wolfsburg, Germany this week, Volkswagen's head of R & D Hans-Jakob Neusser revealed development of the Ducati-engined XL1 is well underway. “Yes, we are working on it internally.