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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.

Lotus's new 2010 Elise dips below 150g/km of CO2

By Tim Pollard First Official Pictures 09 April 2010 07:53 The new facelifted 2011 model year Lotus Elise has cut its CO2 output by nearly a fifth to a saintly 149g/km.It's a 16% improvement over the outgoing Lotus Elise S and Hethel claims 'the Elise has the lowest CO2 for its performance level for any gasoline sports car in the world.' Lotus is getting combative with the new Elise, pointing out that the Elise weighs just 876kg – while the Porsche Boxster sends the scales spinning to 1334kg.So how come the new Lotus Elise is so clean?The aerodynamics are 4% smoother, according to Lotus, while a smaller Toyota 1.6-litre VVT-i engine is downsized by 200cc compared with the outgoing 1.8, yet produces the same power.The new 2011 model year (but on sale now in 2010) shows the benefits of lightweight: it'll hit 60mph in 6.0sec.

Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.