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Porsche big up the Panamera S E-Hybrid (video)

The Porsche Panamera S E-Hybrid (pictured) is a performance Porsche too We’ve long seen hybrids, and plug-in hybrids, as the perfect performance weapon for high-end cars, where the addition of an electric motor offers an unbeatable combination of power and economy. That’s the line that Porsche are taking with the new Panamera S E-Hybrid, and they demonstrated that recently by revealing that the new E-Hybrid managed to average 62mpg in the hands of a bunch of motoring journalists on a test day. Which is an impressive number for any car in the hands of a group of people with lead-lined right feet and clearly demonstrates that the Panamera Hybrid really can do silly mpg even in the real world.

New Skoda Octavia vRS costs from £22,990

New Skoda Octavia vRS (pictured) costs from £22,990 Skoda’s take on the VW Golf GTI – the Skoda Octavia vRS – was revealed last month ahead of its debut today at the Goodwood Festival of Speed, and now we know it will costs from £22,990. For your £22,990 you’ll get the Octavia vRS with the 2.0 litre TSI engine delivering 217bhp and 0-62mph of 6.8 seconds. Pay a bit more (£23,260) for the diesel (why would you want to do that?) and you’ll get 181bhp from the 2.0 litre TDI and get to 62mph in 8.1 seconds.

Spyker in negotiations to sell its sports-car business to focus on Saab

Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co. a year ago, said it has signed a memorandum of understanding to sell Spyker's assets to U.K.