Stuttgart - Sports-car manufacturer Porsche SE said Wednesday that it has received a new credit line of 10 billion euros (13.6 billion dollars) to buy up shares of fellow German carmaker Volkwagen AG.

The loan agreement would also allow Stuttgart-based Porsche to expand the loan to 12.5 billion euros over the coming weeks, it said.

Stuttgart  - Mercedes is expanding its "young classic" business segment to cater to a growing demand for original and well-preserved vehicles built between 1970 and 1990, the car maker has announced.

Many of the Mercedes cars built in that period enjoy "cult status" in Europe and the United States and there is huge demand for vintage cars, Mercedes said in a press statement.

Rome  - Lamborghini has released images of the Murcielago LP 650-4 Roadster which it plans to build in a limited edition of 50 units.

As the name reveals, it will come with a 6.5-litre V12 engine with an output of 478 kW/650 hp and acceleration from zero to 100 km/h in 3.4 seconds. The top speed is listed at 330 km/h. The designation "4" stands for permanent four-wheel drive.

Stuttgart, Germany  - The Daimler company is apparently mooting plans to add a family of small cars to the current Smart with several additions planned for a debut at next year's Geneva Motor Show, the German auto-motor-sport magazine reported quoting company sources.

There are plans for several new models including a one-seater Forone, a new Fortwo, a three-seater Forthree and a variable Forfour, according to the report.

Hamburg  - The big car makers presented a flurry of alternative driving concepts and eco-cars at the recent Geneva Motor Show leaving many a motorist wondering when such cars will be available in the showroom.

The next three years will bring a number of cars onto the roads that have so far only been seen as concept studies at big motor shows or circulated on the internet as teaser images. Yet much of what we have seen lately remains hype and may only appear on our roads 10 years from now.