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Chrysler offers to double cash-for-guzzlers incentive on most '09 models

The Chrysler Group is offering consumers $4,500 on most of its 2009 models, doubling the cash-for-guzzlers incentive offered by the federal government. "Double Ca$h for Your Old Car," offers up to $4,500 cash or 0 percent financing for 72 months on qualifying new vehicles, even if the consumer's trade-in doesn't qualify for the federal incentive. The program starts Thursday, July 23, and runs through August, Chrysler announced Wednesday.

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.

Fuel economy important to car buyers, survey finds

A survey by Consumer Reports magazine finds that fuel economy is most important to car buyers. Nearly 40 percent of those surveyed ranked gas mileage as the No. 1 buying factor.