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Porsche Macan means 1,000 extra jobs at Porsche

The Porsche take on the Audi Q5 – the new Porsche Macan – looks set to be Porsche’s biggest selling model ever and means 1,000 new jobs at Porsche. The ‘baby’ Cayenne – the Porsche Macan – is Porsche’s take on the Audi Q5 and a model that looks set to take Porsche’s sales to levels undreamed of a decade ago (pre-Cayenne). But although the Macan is based on the Q5 – just as the Cayenne shares its underpinnings with the Q7 and Touareg – Porsche say it will still be a red-blooded Porsche – the ‘Sports’ car in its sector – when it goes on sale later in 2013, so we don’t expect to see a lethargic eco diesel under the bonnet, although a fettled 2.0 litre TDI is highly likely.

Fashion designer John Varvatos continues Detroit theme in new Chrysler 300 ad

Continuing the "Imported from Detroit" campaign that launched with Eminem's epic Super Bowl ad, Chrysler has partnered with fashion designer and native Detroiter John Varvatos for the next installment in the star-studded series of commercials. With Iggy Pop playing in the background, the spot shows Varvatos driving a Chrysler 300 as the voiceover says that the Motor City's "perfect combination of rock and roll and heavy industry" made it the designer's muse. Chrysler also is running an ad with Detroit Lions defensive tackle Ndamukong Suh.

Clunkers records $2.88 billion in rebates

Dealers submitted a total of 690,114 cash-for-clunkers deals for $2.88 billion in rebates by last night's 8 p.m. deadline, coming in under the $3 billion budget for the popular program, the U.S. Transportation Department said today.