What we're reading this morning about upcoming Porsches, upcoming Buicks and upcoming forecasts from around the world:
Porsche 911 Cabrio coming to Detroit [Porsche] To keep the momentum going after a year where U.S. sales rose 15%, Porsche said this morning it would unveil the drop-top version of Motoramic's Sports Car of the Year at the Detroit auto show next week. That will go on sale a few months after the regular 911 hits our shores in February, followed by the 430-hp Panamera GTS, a diesel-powered Cayenne and in 2013, a new compact SUV named Cajun built with Audi.
Buick (mostly) reveals new Encore SUV [Buick] If you're a Buick aficionado who just couldn't wait to see what a small luxury SUV with portholes would look like, today's a big day. Buick's slow reveal of the 2013 Encore on its Facebook page pretty much gives the game away after three tiles, showing a squat body built off the same platform that underpins the Chevy Sonic. We'll snap some interior pics for the devoted in Detroit next week.
Marchionne can't deliver 6M sales on EU slump [Bloomberg] Sergio Marchionne, chief of Fiat-Chrysler, has long said the company needed 6 million vehicle sales worldwide by 2014 to compete with the world's largest automakers. Analysts now say thanks to a European slump and no strong presence in China, Fiat-Chrysler will only make about 5.4 million vehicles that year. Don't blame Chrysler: its sales rose 26% in 2011, the largest gain among any Detroit brand.
Global auto sales to grow 6.7% in 2012 [Detroit Free Press] Speaking of European slumps, the mathletes at auto industry tracking firm Polk expect global auto sales to hit 77 million vehicles this year, up 6.7% from 2011's estimated total, driven by a 16% jump from China and a 7% increase in the United States.