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First Z/28 crushes new Mustang at Barrett-Jackson auction

The Scottsdale auctions are full of high-rollers making high-profile bids on classic and modern cars. As such, there was a ton of buzz circling the first retail 2015 Mustang and what it would ultimately sell for -- it ended up crossing the block at $350,000. But it was the first retail 2014 Chevrolet Camaro Z/28 that proved to be the dark horse at Barrett-Jackson.

Porsche Panamera Junior (Porsche Pajun) still on the cards

Porsche Panamera Junior (Porsche Pajun) still on the cards The idea that Porsche would build a saloon to sit below the Panamera have been on the cards almost as long as the Panamera has been with us. Back in early 2011 we reported that a Porsche Pajun was being planned for 2016 and in 2012 a Porsche source confirmed that a baby Panamera was under development with plans to get it to the market in 2015. Now, Porsche boss Matthias Muller has all but confirmed to Autocar that the ‘Pajun’ is under serious consideration, although the logistics of building a ‘volume’ model like the Pajun is a tough logistical ask as Porsche has just gone through that exercise to produce the Porsche Macan.

Mitsubishi closes California design studio

Mitsubishi Motors Corp. closed its design studio in Cypress, CA last Thursday – just one month shy of its 25th anniversary. A result of the recent downturn in the global economy, the closure of the facility will eliminate 33 design positions as part of a personnel cull that has seen 60 people within the automaker's US operations lose their jobs.