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Gibbs Sports Amphibians launches the Quadski

Gibbs Sports Amphibians has unveiled the Quadski, an amphibious all-terrain vehicle that, according to company founder Alan Gibbs, obliterates the distinction between land and water transportation. The 1,300-pound, 10.5-foot-long Quadski looks a bit like a jet-powered personal watercraft sitting on top of a single-seat ATV, but it's what's underneath the vehicle's molded composite body that separates the high-speed Quadski from larger, slower amphibious predecessors. The Quadski draws power from a BMW K 1300 Motorrad motorcycle engine capable of producing 175 hp.

Porsche 918 Spyder starts at $845,000

Porsche has officially put the 918 Spyder on sale for a breathtaking MSRP of $845,000. And, as an incentive to those who order the supercar, Porsche also is offering the opportunity to buy a limited-edition 911 Turbo S, called the 918 Spyder Edition. It will cost $161,650 for the coupe and $173,050 for the convertible.

Fiat previews the 500X small crossover

Fiat gave an unexpected sneak preview of a crossover variant of its 500 minicar. The model, which will be called the 500X, will go on sale in Europe in early 2014 and shortly after in North America. Fiat brand global boss Olivier Francois showed a full-size styling model of the 500X during the media launch on the 500L small minivan in Turin, Italy, on July 4.