European Cars 4

Ferrari 458 Italia Officially Unveiled...562 HP and 0-62 in 3.4 Secs

Ferrari has officially unveiled the mid-engined V8 replacement for the Ferrari F430, the Ferrari 458 Italia.

The 458 Italia will be officially unveiled to the public at the Frankfurt Motor Show this September, but Ferrari has been nice enough to release some of the info early. The 458 is powered by a 4.5L V8 that pumps out 562 horsepower and 398 lb-ft of torque. The power is put to the ground through a seven-speed dual clutch transmission. 0-62 mph comes in a fast 3.4 seconds with a top speed of 202 mph.

Alfa Romeo MiTo Too Small for the US...We'll Get the Milano Instead

Small cars don't usually do that well in the US, wIth the exception of a few models such as the Honda Fit and Mini, many of the small cars sold here are not that great. Especially the current small cars from Detroit. Because of this many US car buyers stay away from the sector, which means tiny sales and even tinier profits for automakers. Alfa Romeo's MiTo would be a great competitor to the Mini, but CEO Sergio Cravero recently stated that the small Alfa may not be coming here.

"A preliminary product assessment for a sporty three-door small hatchback showed potential volumes in the U.S. right now are roughly 20,000 units a year," Cravero said. "That is not enough to make it a viable business case."

Of course this could all change if US car buyers start buying more small cars. In the meantime we will be getting a five-door mid-sized hatchback, named the Milano in 2011.

2010 Porsche Panamera Gets U.S. Debut at Pebble Beach

The upcoming 2010 Porsche Panamera is set to have its U.S. debut at the 2009 Pebble Beach Conours d'Elegance, which runs from August 9-16.

Porsche's first four-door sedan is expected in showrooms in October with pricing ranging from $89,800-$132,600.

Jaguar Announces the 2010 XF Supercharged with 470HP

Jaguar has announced the introduction of the 2010 Jaguar XF Supercharged, which brings the total XF models to four.

The XF Supercharged is powered by a 470 hp version of the 5.0-liter supercharged AJ-V8 Gen III engine and reaches 0-60 mph in 4.9 seconds. It slots in below the 510-hp XFR in the lineup and will start at $68,000 when it hits showrooms this October.

Audi to Unveil Audi TT RS Roadster at Leipzig Motor Show

Audi has announced the world premiere of the Audi TT RS Roadstar at the Leipzig Motor Show next week.

The Audi TT RS Roadster is powered by a 340 horsepower turbocharged 2.5L engine that propels the car from 0-62 mph in 4.7 seconds. It features all-wheel-drive and an ungraded suspension with high-performance brakes.

The Audi A4 allroad quattro, Audi A5 Cabriolet, S5 Cabriolet and Audi R8 5.2 FSI quattro are also going to have their premieres at the show.