Harken #t3202b.hl 32mm Traveler Car on 2040-parts.com

2014 Porsche Panamera gets new hybrid

The Porsche Panamera has been restyled and the lineup gains a plug-in hybrid model, along with a new twin-turbo V6 for the Panamera S and 4S models that is more powerful than the former base V8. Also, Porsche is adding a stretched version of the Panamera with 5.9 inches added to the wheelbase for additional rear-seat legroom. The restyled Panamera goes on sale in the United States late this year as a 2014 model.

McLaren celebrates 50 years at Amelia Island Concours d'Elegance

The company that revolutionized motorsport will celebrate 50 years at the 19th annual Amelia Island Concours d'Elegance this coming March. Five decades of classic McLaren racers will be on display, including honoree Jochen Mass' 1977 McLaren M23 Formula One racer as a part of the “Cars of Jochen Mass” class. McLaren earned its reputation by not only dominating the motorsport world, but also through relentless pursuit of more speed and technology.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.