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Maserati announces names of new saloon, SUV at Paris

Maserati announced the names of three of its forthcoming new cars at the 2012 Paris motor show. From 2013, Fiat's upmarket sports luxury wing will finally launch a barrage of new product to overcome worries it's just producing endless versions of its existing range. The new Maserati Quattroporte will be launched at the 2013 Detroit auto show in January.

Ferrari Enzo successor to make 920 hp

About a decade and a half after Porsche eschewed its lightness-and-small-displacement strategy and built a five-liter sports racer to take down Ferrari at Le Mans, a different sort of war kicked off between the two marques: a battle for supremacy in the super-supercar market. In 1984, Ferrari built a radically modified twin-turbo 308 GTB with an eye toward Group B road-racing rules. Porsche countered the resultant 288 GTO with the mighty 959, which launched at about the same time as the 288's successor, the practically skeletal and infinitely loopier F40.

Chrysler is set to invest $500 million in Toledo Jeep assembly plant

Chrysler Group plans to invest $500 million in its Toledo North Assembly Plant and hire a second shift of workers over the next year to build a new Fiat-based SUV for Jeep, as well as other vehicles. "This plant has been chosen to build the future Jeep SUV to replace the current Jeep Liberty that will be exported to markets all over the world," CEO Sergio Marchionne said at the plant Wednesday. "Jeep is at the heart of our plans to internationalize Chrysler, a process which is being accelerated by Chrysler's access to Fiat's distribution capabilities in Europe and Latin America." Toledo North is Chrysler's only assembly plant with only one shift of workers.