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Porsche 911 GT3 R Hybrid (2010): first photos

By Tim Pollard First Official Pictures 11 February 2010 12:05 If you thought hybrids were dull, check out this petrol-electric car: the new Porsche 911 GT3 R Hybrid. Due to bow in at the 2010 Geneva motor show, the hybrid Porsche will race at the Nurburgring 24hrs in May 2010 as an experimental green race car.Porsche calls it 'Porsche Intelligent Performance' – a marketing phrase we're bound to hear more of, as Zuffenhausen develops its hybrid technology to dispel fears of the long-term future of sports cars. Porsche 911 GT3 R Hybrid: the tech storyThe hybrid 911 takes a conventional GT3 R race car and adds an electrically powered front axle.

General Motors board recommends selling Opel to Magna-led group

General Motors Co.'s board has decided to support selling a majority stake in Opel to a group led by Canadian auto parts giant Magna. The move caps weeks of high-stakes maneuvering on both sides of the Atlantic that saw nationalism, labor issues and--perhaps most critical to GM, the use of its technology--all come into play. Magna and Russian lender Sberbank will get a 55 percent interest in Opel, the linchpin of GM's European operations for 80 years, as well as its British sister brand Vauxhall.

Fire sale continues: Ford cuts stake in Mazda

By Tim Pollard Motor Industry 18 November 2008 16:09 Yesterday GM sold its stake in Suzuki; today Ford announced plans to slash its shareholding in Mazda. Previously the Blue Oval held a third of Mazda’s stock, but it has cut that to just 13%. Ford admitted the sale was purely to boost its balance sheet, as the Big Three continue to struggle with cashflow.