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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.

VW reveals T-ROC before Geneva motor show

The Volkswagen T-ROC concept will debut at the Geneva motor show next week. The chunky, raised-up crossover is based on the increasingly prevalent MQB architecture, which also underpins the Golf. VW says the T-Roc slots in below its current SUVs and it’ll even be smaller than the forthcoming Taigun.

Saab seeking court protection from creditors? It adds up

Saab seeking protection from creditors Another day, another Saab story. But the reports that Saab are to seek the protection of the courts in Sweden from the actions of creditors does ring true. And it does add up.