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Porsche shows off 911 RSR for World Endurance Championship

Porsche is celebrating the 50th anniversary of the 911 this year with several events including the Retro Classics show in Stuttgart, Germany, an exhibit at the Porsche Museum and honored marque status at the Pebble Beach Concours d'Elegance. Porsche also went racing with the new 911 RSR in the first event of the World Endurance Championship this weekend, and has posted a clip on its YouTube channel. The 991-based Porsche 911 RSR houses a 4.0-liter flat-six making 460 hp with a new six-speed sequential transmission with paddle shifters.

Volvo designer Peter Horbury moves to China's Geely Group

Volvo Car Corp. styling chief Peter Horbury is moving to the Swedish automaker's sister brand, Geely Group, as senior vice president design. A decision on who will succeed Horbury as Volvo head of design has not been made.

Hyundai & Kia to spend up to $395 million on lump sum fuel settlements

Hyundai & Kia to spend up to $395 on lump sum fuel settlements Back in 2012, Hyundai and Kia had to stand up and accept that they’d overstated the official economy of a number of their models and attempt to put things right. They did that by offering all buyers of affected cars a compensation plan which repaid owners for their losses over expectation, added 15 per cent for good measure and made that ongoing for the lifetime of the ownership. But this is the USA, so it wasn’t all as straightforward as that.