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Infiniti 'gunning for 700,000 sales' - Ghosn

Infiniti is planning to announce a new sales target of 10% global luxury market share - quadrupling sales to 700,000 a year - in a new mid-term statement due this summer. Renault Nissan chief executive Carlos Ghosn told CAR that Infiniti is on line to sell 165,000 cars worldwide in 2011 but said Nissan was investing heavily in its premium division to swell sales considerably. It's an ambitious goal: if successful, Infiniti would be encroaching on the 1m+ territory today dominated by the German luxury brands.

Spyker confirms Peking to Paris will be a V8

Spyker confirms that the Peking Paris luxury 4x4 will be a V8 not a V12 [ad#ad-1] We brought you an exclusive the other day that Spyker will drop the planned V12 version of its uber-4×4 – The Spyker Peking-Paris D12 – in favour of a supercharged V8 – The Spyker Peking-Paris D8. But it’s always nice to have confirmation from the horses mouth and today, with a financial statement from Spyker, comes a tacit admission (or actual proof, as we like to think of it!) that our story was indeed correct. Spyker talk about the Peking-Paris in their statement, but only ever refer to it as the D8, dropping all references to the D12, which is probably as much as they’re willing to reveal until the car turns up at Frankfurt in September.

Porsche Panamera to get new V6 engine

Porsche will reveal two new 3.6 V6 petrol versions of the Panamera at the Beijing motor show 2010. These are the first official photos of the new models, the Panamera and Panamera 4, which will be offered as cheaper alternatives to the S, 4S and Turbo versions. In the rear-wheel drive entry-level Porsche Panamera, the new 296bhp, 295lb ft V6 powerplant produces 265g/km of CO2 and will manage just 25 miles on a gallon of fuel.