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2014 Mercedes-Benz S-class gets price cut

The 2014 Mercedes-Benz S-class will start at $93,825 when it arrives in dealerships in October. That’s $2,100 less than last year’s entry-level model. The S550 4Matic, coming in November, will sticker for $96,825, and the rocket-powered AMG will hit your wallet for $140,425.

IDEA Institute acquired by Quantum Kapital

Turin-based automotive design, modeling and engineering firm IDEA (Institute of Development in Automotive Engineering) has been sold to Quantum Kapital AG, an investment company with an industrial emphasis based in St. Gall, Switzerland. The transaction is expected to be completed in the next few weeks.

Ferrari Enzo successor to make 920 hp

About a decade and a half after Porsche eschewed its lightness-and-small-displacement strategy and built a five-liter sports racer to take down Ferrari at Le Mans, a different sort of war kicked off between the two marques: a battle for supremacy in the super-supercar market. In 1984, Ferrari built a radically modified twin-turbo 308 GTB with an eye toward Group B road-racing rules. Porsche countered the resultant 288 GTO with the mighty 959, which launched at about the same time as the 288's successor, the practically skeletal and infinitely loopier F40.