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Chrysler CEO vows never to repeat mistakes from Cherokee launch

Chrysler Group CEO Sergio Marchionne acknowledged mistakes in the way the company developed and launched the 2014 Jeep Cherokee, and vowed to never repeat them. "What we've learned is that we'll never repeat it. We're never going to take a plant down and be out of the market for over a year," Marchionne told analysts in a conference call today.

Jaguar prices 75th-anniversary XKR

Jaguar is celebrating its 75th anniversary with a limited-edition XKR that will sticker for $104,500, including destination. It's called the 2011 XKR175 Anniversary Coupe, and as the name implies, it's a nod to the brand's landmark birthday. The Jag was shown at the Pebble Beach Concours d'Elegance.

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.