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Porsche says Panamera avoids gas-guzzler tax

Few expenses were spared in conceiving the Porsche Panamera, but consumers will avoid at least one cost of ownership: the ignominious gas-guzzler tax. Porsche has announced ratings for the 2010 sedan; it will get a combined figure of 18 mpg or 19 mpg from the EPA, depending on the model. This means Porsche’s four-door foray will avoid a fairly substantial cost of ownership--a tax of up to $7,700 is levied on the most prolific guzzlers.

End of the road for Mercury

Mercury has stood for hot-rodding, performance, style and even feminine appeal during various points in its 72-year history. But ultimately, the failure to stand alone in the Ford Motor Co.'s family of brands spelled its demise. Mercury, a brand founded by company scion Edsel Ford, will be shuttered as Ford concentrates its efforts on the core Ford brand and luxury-level Lincolns.

VW New Compact Coupe at Detroit motor show 2010

This is Volkswagen’s New Compact Coupé (or NCC for short), a new coupé concept car just unveiled at the 2010 Detroit Auto Show. And although it’s just a show car for now, this gorgeous A5-alike two-door is expected to go into production within the next two years. Under the bonnet is a 148bhp/177lb ft direct-injection and turbocharged 1.4-litre TSI engine, which drives the front wheels via a seven-speed DSG gearbox.