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Porsche 918 Spyder finally debuts at Frankfurt motor show

Porsche initiated the final act in its drawn-out 918 Spyder introduction, revealing the production version of the 214-mph gasoline-electric hybrid two-seater at the Frankfurt motor show. The car will be produced on a dedicated line at Porsche's Zuffenhausen factory in Germany starting Sept. 12.

Saab reportedly bought by Chinese-led consortium

A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.

2010 Dodge Viper SRT10 ACR-X rolls into production in Detroit

One of the most sinister snakes to slither out of the Dodge Viper plant in Detroit rolled off the assembly line on Tuesday as Chrysler simultaneously marks the final year of production for the current generation of its iconic supercar and launches a new race series. The first 2010 Viper SRT10 ACR-X was completed at the Connor Avenue plant, also known as the “Snake Pit” in the Motor City. It's a track-only car designed for road-racing enthusiasts, and it melds top performance parts from the Viper ACR (street legal) and the Viper Competition Coupe (far from it).