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Porsche 918 Spyder here in 2013, says new CEO

New Porsche president and chief executive officer Matthias Müller has confirmed that the new 918 Spyder hybrid supercar is on track for a 2013 delivery. Speaking to CAR at the 2010 Paris motor show, Müller said the engineering programme was on time and that the 918 would stay faithful to the concept car revealed in March this year. ‘We are doing [engineering] concept work on the 918 at the moment and will finish at the end of 2010,’ said Müller.

News watch October 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 29 October 2010• Spyker has announced third-quarter losses have increased since its takeover of Saab. Spyker lost £35 million in 2010, compared to £3.6 million last year (BBC News)• GM will repay $2.1 billion of the Obama government's preferred stocks.

2013 Ford Mondeo production delayed

It’s reported that the 2013 Ford Mondeo – due to debut at the Paris Motor Show in September – will not go in to production until Q3 2013. The 2013 Ford Mondeo – which is pretty much the same car as the new Ford Fusion in the US – was expected to arrive at the Geneva Motor Show in March. That it didn’t was a bit odd, especially as it’s colonial cousin, the 2013 Ford Fusion, was revealed at the Detroit Auto Show in January.