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Porsche Panamera (2009): first official photos

By Tim Pollard First Official Pictures 24 November 2008 09:00 Today's launch of the new Porsche Panamera is a timely reminder that Porsche is no stranger to controversy. It is happiest pursuing mechanical layouts others deem impossible, turning gamekeeper and buying Volkswagen outright, and laughing in the face of cynics who deplore Porsche-badged off-roaders. The new Panamera sports saloon is going to reignite plenty more controversy, trust us.

Norwegian EV maker Think files for bankruptcy

Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history. "We needed some additional funding and although we had interested investors they were not able to come to the table quickly enough," Think spokesman James Andrew told Automotive News Europe.

Fiat plans 500 and 500c Gucci editions

Gucci editions of the 2012 Fiat 500 and 500 convertible will go on sale in December, Fiat said Tuesday. The cars will feature glossy pearl paint, green and red stripes on the body or roof, and satin-chrome mirrors and door handles. The interior will have special embroidery, two-tone seats, leather accents along with other design touches.