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VW developing 10-speed transmission to save fuel

Volkswagen is developing a 10-speed dual-clutch transmission to help reduce fuel consumption in its vehicles, CEO Martin Winterkorn said. The transmission is one of a number of drivetrain technologies that the automaker is focusing on for the mid- and long term, he said. Others include plug-in hybrids and a high performance diesel engine.

McLaren announces markets for MP4-12C

McLaren announced 35 markets where it will sell the Formula-One-inspired MP4-12C on Friday, including New York, Chicago, Los Angeles and Toronto. Ten markets in the North America will sell the ultra-light, high-performance sports car starting in the spring of 2011. Other global markets include London, Monaco, Paris, Frankfurt, Kuwait and Johannesburg.

New details on Mercedes' Porsche 911 fighter

Mercedes-Benz's AMG performance-car division is forging ahead with development of its new twin-turbocharged 4.0-liter V8 powered sports car, nine months before it is scheduled to be revealed at the 2014 German Grand Prix. Known to insiders by its code name, “C190” the two-seat coupe has been conceived to follow in the wheel tracks of the four-year-old SLS at the head of the German carmaker's lineup, aiming to challenge the heady performance and everyday driving appeal of the latest Porsche 911 Turbo at a price that insiders suggest will be in the region of $160,000 when North American sales begin in early 2015. Originally, AMG's new front-engined sports car was tipped to revive the iconic SLC name first used by the SL coupe back in 1971.