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Porsche says Panamera avoids gas-guzzler tax

Few expenses were spared in conceiving the Porsche Panamera, but consumers will avoid at least one cost of ownership: the ignominious gas-guzzler tax. Porsche has announced ratings for the 2010 sedan; it will get a combined figure of 18 mpg or 19 mpg from the EPA, depending on the model. This means Porsche’s four-door foray will avoid a fairly substantial cost of ownership--a tax of up to $7,700 is levied on the most prolific guzzlers.

GM, SAIC to develop electric cars in China

General Motors will work with its joint-venture partner, Chinese carmaker SAIC Motor Corp., to develop parts and vehicle platforms for electric cars, the companies said on Tuesday. The automakers will use their existing joint venture in Shanghai, the Pan Asia Technical Automotive Center, as the home base to develop the electric car--aimed primarily at the Chinese market. GM says it plans to use the platform, components and technology from the project to build electric cars around the world for various markets.

Volkswagen launches 'Future of the Car'

Volkswagen has launched a new micro-site which looks at what people may be driving in the future - or whether they will be driving at all. Revolving around a short film set in the year 2028, in which a father tells his son about the automobile world of 20 years ago, the website showcases the Wolfsburg-based automaker's vision of the automotive world 20 years from now. These 'visions of the future', which take shape in the form of three autonomous concept cars called the 'One', 'Ego' and 'Room', offer an insight into the automotive world of tomorrow as seen through the tinted spectacles of Volkswagen developers and designers.