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Los Angeles Motor Show: Porsche reveals new Panamera flagship

THE SCINTILLATING Panamera Turbo S has been launched at twin events at the Tokyo and Los Angeles motor shows. The new flagship at the top of the firm’s grand tourer line-up packs a 562bhp punch from a twin-turbocharged V8 engine mounted at the front, with drive transmitted to all four wheels via a sophisticated drive system that can shift torque to whichever wheels can best use it. Displaying true supercar pace, the Turbo S can catapult to 62mph in just 3.8 seconds on the way to a top speed of 192mph.

GM to slash global vehicle platforms by more than half, to 14, by 2018

General Motors says it will cut the number of vehicle platforms it uses globally by more than half over the next decade, in a bid to reduce complexity and save on product-development costs. “More of our components will be common, and more of our vehicles will be on global architectures,” GM CEO Dan Akerson told analysts on Tuesday. His remarks came as GM kicked off a series of presentations online, billed as its 2011 Global Business Conference.

Lamborghini Gallardo Squadra Corse breaks cover at Frankfurt motor show

Lamborghini revealed the V10-powered Gallardo Squadra Corse at the Frankfurt motor show on Tuesday. The name refers to the recently founded department within the company that manages all motorsport activities, from GT3 to Lamborghini Blancpain Super Trofeo. Lamborghini says the Squadra Corse is derived directly from the race car version, using the same V10 engine and rear wing.