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Porsche India to launch in 2012 – plans for local Cayenne CKD assembly

Porsche India to launch in 2012 VW Group is planning to launch Porsche India in 2012 and is expected to import the full range of Porsche cars and planning CKD assembly of the Cayenne. Yes, you can already buy a Porsche in India and there’s a small network of dealers. But at the moment they are imported by Precision Cars.

Rolls-Royce Bespoke creates Year of the Dragon Collection

Rolls-Royce has announced a commemorative offering in preparation for the forthcoming Year of the Dragon celebration, which starts on January 23, 2012. Designed by Rolls-Royce's Bespoke team, the Year of the Dragon Collection has been inspired by the legendary creature that is revered in China, and created to celebrate the ultimate symbol of power, prosperity and good fortune. The collection features unique detailing on both the exterior and interior of the Phantom or Phantom Extended Wheelbase models and includes a gold hand-painted dragon coachline inspired by Beijing's Forbidden City; dragon headrest embroidery available in Tan, Golden Sand, Black and White; a dragon inlay, which will be hand-laid to the passenger panel and include the Phantom name outlined in gold; two hand-stitched cushions for the rear passengers, specified with embroidered double R-R logos and piping; and illuminated treadplates with ‘Year of the Dragon 2012' highlighted in LED lighting.

Yearly driving costs rise 3.4 percent

This won't be a surprise to anyone--it's costing more to own and drive a car. Higher prices for fuel and tires, and a larger drop in the resale value of cars, pushed the average cost of owning a sedan to $8,776 a year, according to AAA of Heathrow, Fla. That's up 3.4 percent from a year ago.