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Porsche celebrates 2 million Facebook fans with museum car

Porsche hit 2 million friends on Facebook this week, and to celebrate, the company dedicated a car to all of them. The new Porsche Cayman S got a coat of white paint before each friend's profile picture was digitally added to the surface. They're all tinted in red, giving the car a candy-coated look, and the front-plate area reads "100% Porsche, 100% you." Fans also were asked to vote for their favorite historic racing livery.

Video: Gorden Wagener on the Mercedes Aesthetics S sculpture

Daimler AG's design chief, Gorden Wagener, explains the details of the Aesthetics S sculpture, revealed at the recent Paris motor show, in a new video interview. The latest addition to the ‘Aesthetics' sculpture series, which already consists of Aesthetics No. 1 (2010), Aesthetics No.

Sergio Marchionne warns of strife ahead in Europe

Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.