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Porsche 911 GT3s to be given new engines after fire issue

The Porsche 911 GT3 (pictured) is getting a new engine Last month, after two new Porsche 911 GT3s caught fire, Porsche stopped delivering new 911 GT3s to owners, halted production and advised owners not to drive their new pride and joy. But now Porsche say they have discovered the cause of the issue and have a fix – a new engine. The fault that caused the fires is as simple as faulty connecting rod fasteners which damaged the crankcase, so Porsche is in the process of building new engines for all 785 GT3s already made with new connecting rod fasteners.

Production of U.S.-spec Lotus Exige and Elise to end in August

The end is near for production of U.S.-specification versions of the Lotus Elise and Exige sports cars. Lotus said on Thursday that it will pull the models from the United States because the airbags no longer meet safety standards. Rules require cars to have smart airbags, which adjust deployment for the speed of impact.

New products to drive Porsche's sales goals

Porsche may add an entry-level sports car as part of a plan to double global sales to 200,000 units by 2018. The new four-cylinder sports car would be in addition to a small SUV and a plug-in hybrid supercar recently approved for production. Matthias Mueller, the former Volkswagen executive who took over as Porsche CEO in October, says a new product strategy will be completed by the end of March.