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Porsche Panamera S E-hybrid scores £5k government grant

By Ollie Kew First Official Pictures 27 November 2013 12:30 You’d have thought the last thing a buyer wealthy enough to afford an £89k Porsche Panamera needed was a £5000 discount on their mammoth new supersaloon. But, thanks the Panamera S E-hybrid cracking the eco numbers, that’s exactly what the UK government is offering. The Panamera S E-hybrid has joined a list of just 15 cars eligible for Britian’s ‘ULEV’ (ultra low-emission vehicle) status, approved by OLEV (the Office for low-emission vehicles.) Yes, in real life, it’s ridiculous, but on paper, the S E-hybrid is a wunderkid of low-emission motoring.

Mercedes S-Class Coupe: Frankfurt 2013

The Mercedes S-Class Coupe (pictured) arrives in concept guise at Frankfurt The Mercedes CL was never really the big seller you might expect a coupe version of probably the best saloon car in the world – the Mercedes S Class – to be, But that could change with the new Mercedes S-Class Coupe, revealed today at the Frankfurt Motor Show as a concept. The Concept S-Class Coupe – which looks pretty much production-ready – comes complete with a new look, a look that reflects Mercedes’ recent design changes with a clear feel of a grown-up CLA in its lines. The long bonnet, raised line running from the front wings to the back wheelarch, no B-pillar, and a nose that takes the good-looking front of the CLA as its cue – but takes it a step further – makes the S-Class Coupe look like a proper Mercedes in its own right and not just a two-door version of the S-Class.

Crunch watch Dec 08: the auto industry in crisis

By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.