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Porsche 911 buyers flock to rare 24-month leases

Porsche is pushing 24-month leases for its 911 and is running a six-month lease pull-ahead incentive on all of its sports cars to offset a shortage of low-mileage used cars. This year, 22 percent of all 911 lessees have taken 24-month contracts rather than 36-month deals, says Michael Bartsch, COO of Porsche Cars North America. That compares with 10 percent before the push.

Volkswagen demonstrates self-driving car

Flying cars might still be on the drawing board, but automakers are making progress toward futuristic advances in driving. The latest example from Volkswagen is a car that can essentially drive itself. Volkswagen presented its Temporary Auto Pilot (TAP) system this week at the European Union research project HAVEit (Highly Automated Vehicles for Intelligent Transport).

Mitsubishi lose the ‘O’

The Mitsubishi Evo X - Last of the breed What ‘O’? Yes, it’s Sunday morning and none of our brains are exactly on fire. But we still seem to be thinking more clearly than Mitsubishi, who have revealed they are to drop the Evo and concentrate on electric cars and hybrids.