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As we’ve discussed, the current Porsche Turbo is much too slow. Rather than let the aftermarket have all the glory, Porsche has decided to up the Turbo’s performance for 2010. But not just in terms of power. Egged on no doubt by the pesky Nissan GT-R, Porsche is performing a complete character change for their newest Turbo, including less weight, RWD bias and a more sporting character.

The big news is of course the engine. Goodbye 3.6-liter six, it’s been fun. Hello 3.8-liter directed injected flat-six from the Carrera S. Coupled to two variable-vane turbos, power is now 500 hp. And because it’s direct injected, mileage increases from 22.1 mpg to 24.1 mpg with the manual. Should you opt for Porsche’s 7-speed Doppelkupplungsgetriebe (dual-clutch) gearbox, mileage improves from the old Tiptronic’s 20.8 mpg to a very impressive 24.8 mpg. Also gone (kinda) are the silly dual-action faux-paddle shifters. Replacing them are F1 style right-is-up, left-is-down wheel-mounted paddles — a welcome improvement, though we’d still prefer column-mounted shifters like on Ferraris and Godzilla. And you can still opt for the inferior dual-action buttons if you like.

The fun continues with a reprogrammed Porsche Traction Management system that distributes torque between the front and rear differentials via an electric multi-plate clutch. Still not convinced? The PSM (Porsche Stability Management) has been re-calibrated to provide more thrills. New RS Spyder rims are also available to decrease unsprung weight. In a word, yes please.

Mercedes-Benz has officially confirmed the rumors that have been floating around in recent days – it will build an electrically powered version of its upcoming SLS gullwing coupe. The EV version of the SLS will drive all four wheels by means of an individual motor for each corner. It will not however use wheel hub motors, since those add too much unsprung mass. The motors will be mounted just inboard of the suspension components.

Energy will be stored in a 48 kWh liquid cooled lithium ion battery pack running down the central tunnel. The combined output of the electric drive system is 392 kW (526 hp) and 880 Nm (649 lb-ft), which compares to 420 kW (563 hp) and 649 Nm (479 lb-ft) for the 6.3-liter V8 in the conventional SLS. Mercedes claims it will accelerate to 62 mph in four seconds. No range is being quoted at this time, but given that the battery capacity is lower than the Tesla Roadster and the car is larger, it will likely be well under 200 miles. No timeline for the electric version is being quoted, although earlier rumors placed it at 2015.

One of the reasons that Daimler said it was investing $50 million in Tesla Motors was the upstart’s ability to move quickly and develop systems faster than could be done at Daimler. Given that, we may well see the electric SLS sooner rather than later.

Mazda already has one of the first non-Toyota hybrids to hit the market with its Tribute SUV (above), but that model is only on sale in California, with hybrid tech from Ford Motor Company. Now that Ford has a much smaller percentage stake in the automaker, Mazda cannot rely on the Blue Oval to develop its future hybrid technology. With hybrid sales in its home market of Japan booming, the Hiroshima-based automaker is rumored to be looking for potential partners.

According to Reuters, Japan’s Nikkei business daily is reporting that Mazda is in talks with Toyota to license the Japanese juggernaut’s hybrid technology for future models. Toyota and Mazda are thus far denying the reports, but Nikkei quotes anonymous sources saying the deal could include the licensing of batteries, motors, and other vital components. The publication further reports that the first Mazda-badged hybrid could arrive as soon as 2013. That’s two years earlier than Mazda research and development boss Seita Kanai speculated earlier in the year.

The move would benefit Toyota by boosting revenue and increasing economies of scale. Some analysts speculate that Toyota, which has been in the global hybrid game longer than anyone, could capitalize by leasing out its gas-electric tech to more automakers. Toyota already has an arrangement with Nissan to supply technology for use in its Altima Hybrid.

Make no mistake, the 2010 Buick LaCrosse is the most important vehicle launched by the brand in decades. Buick, nearly consigned to the dustbin of history a few short years ago, is now one of General Motors’ four remaining “core” brands. And if it weren’t for the Chinese market’s love affair with the marque, there’s little doubt Buick would’ve followed Oldsmobile into the afterlife. Instead, GM is attempting to (once again) refashion the brand as a serious competitor to Acura, Lexus and Volvo, and the LaCrosse is the opening salvo in the battle for hearts, minds and market share – not to mention pocketbooks.

Technically, the “New” Buick was born two years ago when the Enclave debuted, but in reality, that was simply a new segment for the brand. In contrast, the LaCrosse marks the initial transformation of Buick’s future. CEO Fritz Henderson has stated that new Buicks (and actually all GM vehicles going forward) must be more than competitive – they must be superb. They can’t merely match the competition, they have to surpass them in every quantifiable way. So the launch of the LaCrosse couldn’t be more fortuitous or fraught with risk. Developed before bankruptcy, bailouts and government intervention, the LaCrosse is what GM envisioned for the future of Buick over two years ago. But is it good enough to revive the marque? Time to find out.

Life is tough, we know. You sit for months on a waiting list, drop six figures, order your Ferrari just the way you want it, and then bam! They come out with an even better version. What’s a supercar owner to do? Well in the case of the Ferrari 599 GTB Fiorano and the Handling GTE package unveiled to go with it at the Geneva Motor Show just a few months ago (shown above in yellow for the first time), we’ve got good news as Ferrari has announced the availability of the package as a dealer-installable kit on existing 599s.

The package includes a host of enhancements to the GT’s already superlative capabilities, grouped into four areas: handling, performance, exhaust and aesthetics. Handling includes a suspension lowered by 10mm, magnetorheologically re-calibrated and stiffened by over 15%; beefed up in anti-roll bars, and stickier tires mounted on upgraded modular wheels.

The performance enhancements include new exhaust silencers, upgrades to the transmission software that cut shift times down to 85 milliseconds, as well as new lines of code that summon improved throttle response. The performance kit can only be installed on post-2008 models with the sequential transmission, while pre-2008 or manual-equipped models can get the exhaust kit without the remapped throttle and transmission.

Finally, the aesthetic improvements consist of a new front grille and Prancing Horse emblems front and back in a burnished finish instead of the usual chrome. The only thing which the dealer-installed HGTE kit doesn’t include from the factory-equipped models is the interior trim package. Released first for the British market, the kit costs £19,703 (~$32k USD), or £17,213 (~$28k) without the upgraded transmission and throttle calibrations. Check out the fresh gallery of images below and follow the jump for the full press release and an in-car video of the HGTE-equipped 599 pouring on the heat.

Automakers looking for a relatively quick turnaround in the auto market probably aren’t going to like a new survey from AutoPacific. The annual survey of over 32,000 consumers gauges public interest in new car buying, and the 2009 survey shows that a lot fewer people are looking for a new car these days.

Back in 2005, only 46% of those queried said they were waiting more than four years to buy a new car, and this year that number rose to 59%; a whopping 13% increase. The survey asks if car buyers are looking to buy in six months to a year, one to two years, two to three years, three to four years, or four or more years, and the numbers are down across the board verses last year. A paltry 1.49% of those surveyed said they were looking to buy in the next year, down 1.05% from last year, and 2.12% as compared to 2005. The number of survey participants looking to buy in the next one to two years has been cut in half to only 5.68%, which doesn’t bode well for the short-term future of car sales.

These survey numbers could foreshadow more troubles for the auto industry, and AutoPacific president George Peterson sees this as a long-term issue:

“We’ll not be seeing the frequent replacement pattern brought about by strong incentives and financing programs that made it easy and financially reasonable over the last decade for consumers to get into a new car frequently. This may also tell us that consumers will be putting a higher priority on vehicles with a reputation for quality and durability that meets not only their short-term needs, but also their long-term expected needs.”

As bad as these numbers look, we’re guessing that they’re more a reflection of the state of the economy than a long-term assessment of the auto industry, although they could also have something to do with improving vehicle reliability and the increasing commonality of longer warranties. Still, AutoPacific’s numbers changed drastically from 2008, meaning many that said they would buy a vehicle in a certain time frame only last year have changed their minds a year later. If the economy picks up, we suspect some will change their minds again. If the nation’s financial picture remains mired in a depression, though, sales will continue to be slow. Either way, we’ve got the feeling that the days of 16-17 million annual new car sales in the U.S. are behind us.

Are you planning on keeping your car longer these days? Take our survey (and check out the official press release and chart) after the jump, then drop your fellow reader a line in ‘Comments.’

According to Merrill Lynch’s Car Wars study, Ford’s improving lineup of cars will be responsible for hauling the company’s market share to places it hasn’t been in many decades – namely, ahead of General Motors and number one in the U.S. With its recent rise to 16.1% share, Ford has taken the number two spot most recently held by Toyota, and Merrill predicts Ford’s share over the next four years will rise another two points to 18%.

Even as it had the best-selling vehicle in America in the F-150, Ford’s domestic market share has been shrinking for 13 years. The turnaround comes at the same time that post-bankruptcy GM is expected to decline five points, to about 15%, over the next four years. If the report proves to be true, that would put Ford ahead of every other automaker in the U.S. with a clear swath of daylight between them.

In case you were wondering, Chrysler is predicted to fare even worse, because “Chrysler’s product pipeline is dubious and likely to drive significant market share losses.” Merrill’s analysis of a 6% loss of market share would take the Pentastar down to 6%, while Hyundai, Honda, and Kia are expected to post gains of 3- to 3.5%.

While the Honda Accord dominated the 1990s, it has been virtually all Toyota Camry in the new century. Yet a look back at the first six months of 2009 shows that the newer, larger Accord is continuing to gain ground on its chief rival. Camry sales have so far remained top in its segment, with 150,242 sales in the first half of the year. The Accord isn’t far behind, though, as it has amassed 131,143 sales through June; only 19,199 behind Camry.

Wards Auto reports that the Accord’s gains have been consistent over the past three years, as the sales gap went from 94,004 in 2006 to 80,877 in 2007 and 63,828 in 2008. With sales deeply depressed so far in 2009, though, the numbers can be a bit deceiving. Still, the Camry has seen a 37.4% drop in sales, as compared to 36.3% for the Accord.

Toyota told Wards that one reason for the Accord’s improved sales verses the Camry are increasing incentives on the full-size Honda. According to Edmunds, the Accord’s April incentives increased four-fold verses the automaker’s April, 2008 numbers. Even more interesting is the fact that cash on the hood has increased since April, hitting $2,183 in June. The Camry, on the other hand, had $1,538 on the hood last month; down over $400 compared to May.

For any of you looking to get an even better look – or perhaps just additional looks – at the 2010 Jaguar XJ, we’ve added about 40 new photos to our gallery.

If you want to get an early gander at the car in person and you’re in London next week, Jag’s top cat will be at the Gulf Luxury Fair at the InterContinental Hotel on Park Lane. The event caters to the luxury crowd that Jaguar would like to reacquaint itself with, and takes place from July 25-27.

We know the Chinese love their Transformers – or perhaps it’s just Bumblebee. To promote its new movie theater, a mall in China created its own Transformer out of a Volkswagen Jetta. The best part about the sculpture is that it hasn’t been painted to look like Bumblebee, and it’s been posed in a way that makes it look like it’s either speed skating, or finishing up a dance number, or doing aerobics.