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911 Turbo S ‘Edition 918 Spyder’ revealed

Porsche 911 Turbo S ‘Edition 918 Spyder’ Earlier today we reported that Porsche has finally got round to putting the 918 Spyder on sale at a rather eye-watering £678k. And there will only be 918 built. But that wasn’t the only car Porsche revealed this morning.

Volkswagen to buy 42 percent of Porsche, full merger planned

Volkswagen will buy 42 percent of Porsche's sports-car business en route to a full merger by the end of 2011, the companies announced Thursday. VW will pay $4.7 billion for its initial stake in Porsche. It positions the new company to have 10 brands and global sales of 6.4 million, and Volkswagen CEO Martin Winterkorn is likely to lead the entity.

Faster Cat: Arden tunes the Jaguar XKR 75

Jaguar celebrated its 75th anniversary with a number of special models, including the fleet-footed XKR 75. And a British tuner is goosing this lithe coupe even more. Arden boosts output to 580 hp and 531 lb-ft of twist, while bolting on a high-performance exhaust system and sport catalysts.