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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.

Ford to open Silicon Valley lab

Ford Motor Co., aiming to keep ahead of technology trends, will establish a research lab in the heart of California's Silicon Valley. The automaker said Friday the lab will open near Stanford University in Palo Alto, Calif., in the first few months of this year. Ford wants the lab to take on a start-up feel and expand beyond the traditional automaker mindset to encourage innovation and improve mobility and safety.

Land Rover and Bowler formalise Brand partnership – but no Land Rover stake in Bowler

Land Rover has formalised a brand partnership with Bowler Motorsport, makers of extreme off-road vehicles. Bowler has been making off-road rockets powered by Land Rover for over twenty years and has, during that time, enjoyed a fair bit of support from Land Rover. But now that less formal arrangement has been properly formalised with a brand partnership.