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Porsche nearing 900 orders for its 918 Spyder hybrid concept

When Porsche AG showed the 918 Spyder at the Geneva show in March, we said it was a car to “make anyone a believer in hybrid supercar tech.” Well, maybe not anyone, but Porsche now says it has almost 900 potential buyers for the two-seater hybrid prototype as the German automaker gets closer to approving production. Porsche development chief Wolfgang Duerheimer said he is confident the company will soon reach the threshold of 1,000 orders, which is how many the company needs to “make a sound business case.” The 918 has 680 hp and, according to Porsche, will get 78 mpg and run from 0 to 60 mph in 3 seconds. Porsche said it wants to double its overall vehicle sales to 150,000 in the next five years or so.

How to cash in on 'cash for clunkers'

OK, the "cash-for-clunkers" or "cash-for-guzzlers" program has cleared both houses of Congress and is on its way to the White House for President Barack Obama's signature, which is likely. Now, you have questions, such as, "How do I cash in on this?" Well, here are some answers: -- The program applies only to 1984 model year and newer vehicles. And the "clunker" has to have a combined fuel-economy rating of 18 mpg or less.

Jeep Grand Cherokee Trailhawk and Jeep Wrangler Moab on sale next month

It’s been nearly two months since Jeep announced a special edition, and we were getting a bit worried. Luckily, on Tuesday morning, we were greeted by two new models—the Jeep Grand Cherokee Trailhawk and the Jeep Wrangler Moab. The Trailhawk, which was introduced during the 2012 Easter Jeep Safari, will be offered with either a V8 or V6 engine and 18-inch all-terrain tires with Kevlar reinforcement.