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Porsche Panamera Sport Turismo on the move (video)

As a clear sign that the Porsche Panamera Sport Turismo is heading for production, we have a new video of the Sport Turismo in detail. That view is reinforced with the arrival from Porsche of video of the Panamera Sport Turismo on the move and input from a pair of talking heads – Advanced Design Style man Mitja Borkert and Michael Mauer, head of the Porsche Design Studio – giving us an insight in to the thinking behind the Sport Turismo. ‘Good design is important, because everyone loves beautiful things’, says Mitja Borkert, although some would say that function has been more important than form for Porsche in the past.

Car sales plunge, Bank of England cuts rates

New car sales plunge in October: Renault sales were down by more than half By Nigel Wonnacott Motor Industry 06 November 2008 12:30 Following the sixth monthly decline in new car sales this year (down 23% this month), economists have revised market forecasts downwards, while the Bank of England has cut interest rates by 1.5%. October’s 23% drop was the worst so far and trade body SMMT now fears sales could end the year at just 2.15 million cars. That’s 8% lower than the 2.34 million predicted to leave showrooms back in January and would be the worst market performance in more than a decade.

Corvette 60th Anniversary to be celebrated at the Petersen

On June 30th, 1953, the first Corvette rolled off the assembly line in Flint, Michigan. Sixty years later and half a country away, the Petersen will honor America's fiberglass wonder within its halls on Wilshire Boulevard in Los Angeles, with a weekend of activities. On Friday, March 1st, Corvette fans will get to pose for photos next to Kirk Bennion, the designer of the latest C7 Corvette, as part of a gala dinner with a live auction, speakers like tuner legend Reeves Callaway, and Corvette-themed cocktails.