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'Porsche By Design' exhibition charts Porsche design history

Some of Porsche's rarest and most iconic cars will be showcased at the North Carolina Museum of Art's new exhibition, ‘Porsche by Design: Seducing Speed'. The collection, which consists of 22 cars dating back to 1938, is designed to explore the history and development of the Porsche lineup up until the present day. Amongst the models are a 1938 Type 64 Berlin-Rom racer, a 1963 Type 901 Prototype, 1969 Type 917 16-Cylinder Spyder Prototype and a 2010 Type 911 Sport Classic Carrera.

BMW M5 Competition Package (2013) first official pictures

BMW has updated the M5 super-saloon alongside the facelifted 5-series range. There are only tiny visual tweaks, but the big news is a new Competition Package version to take the fight to the new Mercedes E63 AMG S. What modifications do M5s fitted with the Competition Package get?

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.