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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.

BMW 5-series GT: Don't call this concept an MPV

BMW's desire to compete in every conceivable luxury-market niche has moved up a gear with the unveiling of the 5-series GT, a car known until now by its working title, the Progressive Activity Sedan (PAS). Although BMW will be billing the five-door liftback as a concept at its public showing at the Geneva motor show in early March, little about its bold design is expected to change before it reaches showrooms. In fact, the official photographs reveal the new car in its production-based glory.

Mercedes SL65 AMG (2012) first official pictures

If you're wondering why Mercedes is persisting with a twelve-cylinder SL in this downsizing era, understand this: the new 2012-spec SL65 AMG exists purely because many buyers at this end of the market demand more of everything. So a Mercedes SL65 AMG with a hulking bi-turbo 6.0-litre V12 has been launched for customers in China, the Middle East and other emerging markets, where millionaires are numerous and fuel prices less of an impediment to sizeable sales. Over here, we'll just ogle the price tag well into six figures and stick with the big-selling SL350 or SL500.