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Porsche 918 Spyder sets Nürburgring lap record

The new Porsche 918 Spyder has lapped the Nürburgring Nordschleife in 6min 57sec, a time that’s 14 seconds faster than the existing 'Ring record. Such a quick lap was only possible because of the 918 Spyder’s hybrid powertrain, says Porsche, and the new Nürburgring record is claimed to prove the potential its new supercar. Who is the new Nürburgring lap record holder in the Porsche 918 Spyder?

New Honda Insight Hybrid: Insight Exclusive gets 1.5 litre from CR-Z

Honda Insight Exclusive gets bigger 1.5 litre IMA Hybrid You can’t blame Honda for wanting to keep a toe in the hybrid waters, especially as arch rival Toyota has all but cornered the market. But you can blame them for the rather woeful Honda Insight Hybrid which, despite offering good headline economy and a bit of a green halo, is something of a dog. However, a chunk of the criticisms levelled at the Insight were addressed by Honda last month when it revealed its nips and tucks for the Insight for 2012.

First Ferrari F12 in U.S. goes for $1.125 million

The first Ferrari F12 Berlinetta in the United States was sold on Saturday at the Formula 1 U.S. Grand Prix in Austin, Texas for $1.125 million. The auction benefited Hurricane Sandy victims.