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Bentley to debut Continental GTC Speed at Detroit show

Bentley will complete its Speed portfolio when it introduces a freshened Continental GTC range at the Detroit auto show. Along with exterior and equipment changes, a new GTC Speed model is added with a more powerful version of the 6.0-liter twin-turbocharged W12 that churns out 600 hp and 553 lb-ft of torque for an improvement of 48 hp and 74 lb-ft over the regular GTC. The result is Bentley's most powerful convertible to date.

Bus service cuts 'at critical level'

CUTS TO bus services are now reaching "critical levels", according to a report by the Campaign for Better Transport (CBT). As many as 47% of local authorities in England and Wales have reduced their support for buses for 2013, while the 2014/15 financial year is likely to be a difficult one for bus services, said CBT. Three councils have stopped supporting services and others might follow, warned the CBT, whose report is entitled Buses In Crisis and is based on responses to Freedom of Information Act requests made to all local transport authorities regarding supported buses.

Fiat might increase Chrysler stake to 51 percent before IPO, sees no merger

Fiat SpA, the Italian carmaker that owns 20 percent of Chrysler Group LLC, may boost the holding to more than 50 percent before an initial public offering by the U.S. automaker, the companies' chief executive officer said. “I think it is possible.