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Economic downturn might hit plans for Porsche small roadster

Porsche's decision on whether to build an entry-level roadster will depend on the global economy, CEO Matthias Mueller said. Mueller said that if the automaker decides to go ahead with the car, sales would begin at the earliest in the third quarter of 2014, but probably later. A decision on production will depend on how the global economic situation pans out, particularly in relation to the auto industry, Mueller said.

Automakers try to stop increase in ethanol limit to 15 percent of gasoline

Automakers are seeking to head off an EPA ruling that would allow gasoline to contain 15 percent ethanol, up from 10 percent now, and they've won some bipartisan congressional support. The two main automaker industry lobbies have argued that the U.S. Department of Energy has done insufficient testing to assure that gasoline containing up to 15 percent ethanol won't harm vehicles.

Woodward Dream Cruise 2013

The Woodward Dream Cruise started as a community fundraiser back in 1994. Here we are, almost 20 years later, and it has grown into the world's biggest classic car event – or the world's biggest headache, depending on your point of view. The real strength of the Dream Cruise is its populist format, especially when directly compared to the manicured lawns of California's Pebble Beach that runs on the same weekend.