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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.

Tesla, Chrysler take federal loan payment dispute public

Tesla CEO Elon Musk took to Twitter Thursday to respond to Chrysler's barb that Tesla wasn't the first American automaker to repay the U.S. government for aid. Tesla, which paid off the remaining $451.8 million on its 2010 Department of Energy loan Wednesday, received $465 million under the highly politicized Advanced Technology Vehicle Manufacturing loan program.

Ford Fiesta Titanium Individual and revised Fiesta range launched

The new top of the range Ford Fiesta Titanium Individual Despite the success – or perhaps because of it – Ford are having a play around with the Fiesta range and adding a new model at the top – the Fiesta Titanium Individual. The new Fiesta lineup now consists of Studio, Edge, ECOnetic, Zetec, Titanium and Zetec S, with the Individual standing at the top. The Studio now comes as either a three or five doors and gets electric windows thrown in; the new Edge range gets AirCon as standard as does the ECOnetic (something we asked for when we did the Fiesta ECOnetic review – Ford must have been listening again?