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New Porsche 911 Speedster reportedly in the works

When European-car importer Max Hoffman suggested to Porsche that the American audience might like a cheaper, open-top version of the company's 356, Stuttgart responded with the Speedster. And while every Porsche partisan is a special snowflake -- some love road-going racers like the 904, others can't imagine life without a roof-rack-equipped 912, others go gaga for anything with a legit, lift-off Targa top, and some folks just really, really, really love 924s -- the Speedster's the light, lovable kid brother for which any fan of the marque has a measure of affection. Porsche knows it, and as such, they've introduced limited Speedster models of every 911 series since the 3.2 Carrera -- except for the oft-maligned 996 (which is still loved by its proponents, IMS-bearing issues aside).

U.S. will guarantee GM, Chrysler warranties, Obama says

In a bid to boost flagging auto sales, the federal government will pay for any warranty repairs on a General Motors or Chrysler vehicle if either company can't because of financial problems or a bankruptcy filing, President Barack Obama said on Monday. "Let me say this as plainly as I can. If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired just like always," Obama said in a speech.

Skoda Fabia (2015): first sketch and details

By James Clark First Official Pictures 17 July 2014 13:46 Skoda has fired the starting pistol on its new Fabia supermini’s launch, and the big news is that this car will blood the platform for the next-generation VW Polo, Audi A1 and Seat Ibiza. The Fabia will also use the latest group three- and four-cylinder engines and boast an all-new interior, which is ripe for personalisation, Mini-style. Nope: the sketch shows Skoda won’t be taking any chances with its new Fabia.