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Porsche 918 Spyder races toward production

OK, let's put the usual arguments to rest first: The Porsche 918 Spyder is going to be even faster than the Carrera GT in a straight line. That's based on Porsche's own computer simulations in anticipation of the production version of the gasoline-electric-powered 918 Spyder, which is due to roll off a dedicated line within a decommissioned paint shop at Porsche's Zuffenhausen, Germany, headquarters next year. The claimed 0-to-62-mph time is 2.8 seconds; 0-to-124 mph is 8.9 seconds, and top speed should be about 202 mph, thanks in part to series of active aerodynamic functions, including a multistage rear wing.

General Motors fires back at Volkswagen

General Motors issued a terse response this week to published comments by Volkswagen CEO Martin Winterkorn, who suggested to the German press that Opel could be sold to a Chinese competitor. Detroit-based GM called Winterkorn's comments “regrettable” and accused him of “fanning speculation.” Opel was nearly sold to Magna and Russian investors in the wake of GM's 2009 bankruptcy. But then-CEO Ed Whitacre and the corporate board reversed that decision, igniting controversy from German political and labor leaders who have long chafed under American oversight.

Many Used Car Owners Risk Costly Repairs, Says What Car?

A NEW survey conducted by What Car? Magazine has revealed that the majority of used car buyers have opted not to invest in an extended warranty. The poll for whatcar.com highlighted 57 per cent of buyers choosing to pass on extra cover.