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Porsche considers North America, China production to grow sales

Porsche may launch production in North America and China as part of a plan to double annual global sales to 200,000 units, CEO Matthias Mueller said. Mueller said the sports car maker's current German assembly plants in Zuffenhausen, near Stuttgart, and Leipzig, were too small for the brand to reach its ambitious goals. "We will consider this year whether to start production in Asia or North America," Mueller told the German magazine Focus in an interview published Monday.

Chevrolet preps a new car for NASCAR and for the showrooms

Chevrolet will replace the Impala in NASCAR with a new model that it also will sell to consumers. General Motors said the NASCAR Sprint Cup Series race car and the showroom model will closely resemble each other and will debut in 2013 as a new nameplate in the Chevy lineup. GM said it will unveil the cars later this year.

Concept Car of the Week: Alfa Romeo Disco Volante (1952)

In 1951, straight after winning the F1 championship, Alfa Romeo surprisingly retired from racing. The tough post-war financial situation led the Italian brand to focus its investments towards more profitable projects such as the 1900 Berlina. The competition department stayed open on the condition of delivering a brand-boosting racecar for participation in the 1952 Le Mans and Mille Miglia races.