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Porsche 918 Spyder takes on the Nurburgring

Porsche has taken their concept hybrid supercar – the 918 Spyder – to the Nurburgring to set a time – 7 minutes 14 seconds. But a hybrid halo doesn’t have to mean poor performance, a point Porsche has proved by taking the 918 Spyder to the Nurburgring to set a lap time. The Porsche 918 Spyder can deliver a total of 759bhp from its race-derived V8 and two electric motors which, although less than the likely power available to the F70 of P1, is still a significant amount of get up and go.

TrueCar announces women's racing initiative

TrueCar, publishers of new-car-transaction data, revealed plans for a multiyear push into motorsports sponsorship but with a twist. TrueCar will throw its money behind female racers in premier series and up-and-coming ones in numerous development series. "TrueCar is built upon the foundation of empowering individuals with the tools and resources they need to become expert car buyers," TrueCar founder and CEO Scott Painter said.

Peugeot confirms BB1 for production

Peugeot has confirmed it will build a production version of the BB1, the concept car that's a cross between a car and a scooter. Coming less than a week after it unveiled the SR1 – a roadster concept car that’s supposed to be a line in the sand for Peugeot design – the announcement came as the 200-year old French car company launched its Marque plan that'a aimed at rejuvenating the brand. The five-year scheme has three goals: to move Peugeot up three places in the world car market; to establish the company as a benchmark for style; and to make it a leader in mobility services.