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Hybrid Porsche 911, Cayenne Coupe, turbo four and more coming soon

Fiat Chrysler Automobiles outlined its plans for the next five years on Tuesday. Not to be outdone, Porsche revealed some interesting tidbits about the next three years on Thursday. To start: Porsche will produce several 700-hp hybrid versions of its Panamera sedan and stalwart 911.

EyesOn Design Awards Winners announced

On the second day of the Detroit auto show, the traditional EyesOn Design awards took place in the newly-opened Atrium Stage of the Cobo Hall. For the first time in its eight-year history, the judges of the competition (who include present and retired design directors from almost every major automotive OEM) awarded the 'Best Concept Vehicle' award to two designs – the Ford Atlas and Nissan Resonance, beating the Hyundai HCD-14 Genesis and Lincoln MKC concepts to the award. In the production car category, the Cadillac ELR was a somewhat surprise winner, beating internal GM rival, the new Corvette Stingray to the award.

New Mercedes CLA helps Daimler to 16% profit jump

The new Mercedes CLA (pictured) help Mercedes to a 16% profit jump. There’s an argument that the move in to more compact car sales by premium car makers will see their turnover rise and their profits fall as more compact cars tend to work on smaller margins than high-end luxury cars. But Mercedes has defied that logic by posting a 16 per cent increase in profits for the third quarter of 2013, boosted by sales of the new compact coupé – the Mercedes CLA.