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Porsche is developing a new four-cylinder engine set to power entry-level model

High-ranking officials at Porsche's Weissach research and development center in Germany have confirmed that engineering work is progressing on a four-cylinder horizontally opposed gasoline engine, details of which were first revealed by Autoweek earlier this year. The new boxer unit--which is earmarked to power a new mid-engine, entry-level model that insiders describe as a spiritual successor to the iconic 550 Spyder--looks set to become an integral part of Porsche's future model plans. Insiders suggest it will also be offered on the third-generation Boxster and the second-generation Cayman later on in their respective model cycles.

One Lap of the Web: BMW M3 gets color-corrected, a gentleman's GT-R and the Porsche 959

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Oh dear, BMW: Perhaps you shouldn't have made two M3 color selections sound so similar?

AC Ace (2006) first official pictures

By Richard Yarrow First Official Pictures 15 December 2006 09:30 Smart Roadster reborn as an AC It was only axed last year, but the Smart Roadster has sprung back to life as this – the all-new AC Ace. The band of British enthusiasts behind the project aim to start production of the rebodied sports car in mid-2007, with prices from £12,000 to £19,000. A deal to buy the rights and tooling jigs for the axed two-seater from parent company DaimlerChrysler is about to be signed, and there will also be a convertible version.