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Mercedes-Benz E63 AMG wagon headed to North America

Mercedes-Benz officials confirmed on Thursday that the 2012 E63 AMG wagon will be part of the North American lineup. Slated to arrive in October, the high-performance wagon will get the same 5.5-liter twin-turbocharged, direct-injection V8 that debuted in the 2012 E63 AMG sedan at the New York auto show in March. It produces 518 hp and 516 lb-ft of torque.

Ram truck gets new V6, eight-speed transmission

The Ram pickup scheduled to be introduced in April will offer both the Pentastar 3.6-liter V6 and an eight-speed transmission, according to a Chrysler Group filing with the Securities and Exchange Commission. The voluntary annual filing--which appeared Tuesday on the automaker's corporate Web site, chryslergroupllc.com--laid out many new features of the upcoming version of the automaker's top-selling vehicle. The new eight-speed transmission "reduces fuel consumption by up to 12 percent over our current five-speed transmissions," such as the one now in the Ram, the filing said.

Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.