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GM to keep GMC, Pontiac, exec says

A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac. Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign. "The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.

2013 Porsche Cayman debut at Los Angeles

The 2013 Porsche Cayman has been confirmed by Porsche to debut at the 2012 Los Angels Auto Show later this month. The new Porsche Cayman has been on the way for quite a while. As long ago as October 2011 we ran a video of Porsche’s new 911, new Bosxter and new Cayman out on the sleepy streets of San Francisco  but now it appears the last of the three to be revealed - the new Cayman – is heading for this month’s L.A.

Porsche to build 918 Spyder

Porsche today announced that it will build the 918 Spyder, a road legal version of the 718bhp hybrid sports car that made its debut at the Geneva motor show last year. The company says the hybrid sports car will be limited to just 918 examples and be offered in left-hand drive only in order to ensure exclusivity of the new model. Based on a carbon fiber-reinforced plastic monocoque, the 918 Spyder's design DNA is derived from the Carrera GT and Porsche 917 race car as well as the RS Spyder.