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£5000 electric car grants to cut a quarter off EV price

British motorists will qualify for grants lopping a quarter off the price of electric, plug-in hybrid and hydrogen cars – up to a maximum of £5000 discount – the Government confirmed this week. The Office for Low Emissions Vehicles, which launched six months ago, said the new grants would come into force from January 2011 as part of a £230 million low-carbon car incentive programme. Car buyers will qualify for the Plug-In Car Grant from an approved list of low-carbon cars.

New Porsche Cayenne drives Porsche profits – up 25 per cent

Porsche Profits up 25 per cent - driven by Porsche Cayenne sales Building the Cayenne will be the end of Porsche, cried the Porsche anoraks when Stuttgart entered the SUV fray with the Cayenne back in 2003. But nothing could be further from the truth. As we’ve pointed out endlessly, the lure of a capable and sporty SUV with an iconic badge is a license for Porsche to print money.

Porsche announces new Weissach design center and wind tunnel

Porsche is to invest around €150m into its Weissach development facility, including a new design center. The plans also include an electronics integration department and a state-of-the art, on-site wind tunnel, which is hoped will allow the company to realize an holistic approach to efficient design, with a strong focus on aerodynamics. When we spoke with head of Porsche design, Michael Mauer, at this year's Paris motor show, he also alluded to the fact that the Volkswagen Group's – and, more specifically, Walter de'Silva's – recent influence on the German manufacturer was shifting its attitudes: "The Volkswagen Group has a very good understanding of how much freedom a brand needs to keep its characteristics and with [Walter] as 'conductor', I feel a lot of support with design issues within the company," explained Mauer.