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Former Fiat exec will revive iconic De Tomaso sports-car brand

Italian businessman Gian Mario Rossignolo plans to revive the De Tomaso sports car brand. The former Fiat S.p.A marketing executive aims to build 8,000 De Tomaso cars a year in a former Pininfarina S.p.A. factory near Turin.

Porsche nearing 900 orders for its 918 Spyder hybrid concept

When Porsche AG showed the 918 Spyder at the Geneva show in March, we said it was a car to “make anyone a believer in hybrid supercar tech.” Well, maybe not anyone, but Porsche now says it has almost 900 potential buyers for the two-seater hybrid prototype as the German automaker gets closer to approving production. Porsche development chief Wolfgang Duerheimer said he is confident the company will soon reach the threshold of 1,000 orders, which is how many the company needs to “make a sound business case.” The 918 has 680 hp and, according to Porsche, will get 78 mpg and run from 0 to 60 mph in 3 seconds. Porsche said it wants to double its overall vehicle sales to 150,000 in the next five years or so.

Kia Sportage and Soul recall – affects 7000 UK cars

5,787 UK Kia Sportage models (pictured) are being recalled. Recalls are a fact of life for car makers, but at least the industry now tries to respond to problems as they arise, and before they cause damage to people of vehicles. This latest recall comes from Kia in the UK, which is recalling a total of 5,785 Sportage models and 1.432 Soul models to address a problem that ha been identified with the seat belt pre-tensioner mechanism.