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Porsche reports big drop in sales

Well, it’s not exactly a surprise, given the doom and gloom in the industry at the moment, but Porsche has just reported a 27% drop in sales, down to 34,000 units, over the last six months. As you would expect, some models fared worse than others. The recently updated Porsche 911, which has had mid-cycle tweaks including the new PDK ‘box, held up pretty well.

Koenigsegg One:1 to debut at 2014 Geneva Motor Show

The extreme Koenigsegg One:1 (pictured) will debut at the 2014 Geneva Motor SHow At the end of 2012 we exclusively revealed the first details of the Koenigsegg One:1, an extreme take on the Agera R and being built in very small numbers. Then, in September last year, we were able to flesh out what the Koenigsegg One:1 would offer after Koenigsegg revealed more details – and it is impressive. The One:1 will come with 1,400 HP and weigh in at just 1400 KG, and that weight includes all fluids and even the weight of an average driver.

Lamborghini Gallardo pays homage to longtime test driver

Lamborghini is paying tribute to its longtime test driver, Valentino Balboni, by putting his name on a limited run of rear-wheel-drive Gallardos. It's called the LP 550-2 Valentino Balboni, which denotes the 550-hp rating. It's the only current Lamborghini that channels power to just the rear wheels.