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Jets land on Rodeo Drive

Tail fins will be all over Rodeo Drive on Father's Day, June 16. The Rodeo Drive Committee has chosen “The Jet Age” as its theme for this year's street-closing concours, with tail-finned cars of the '50s and '60s lined up on the 300 block of the famous street. And to top it off, and perhaps because they made a nice contribution, parked on the 200 block will be a mock-up of the new Lear 85 business jet in all its carbon-fiber glory -- with the tail fin but minus the wings.

Porsche 918 Spyder hits the Nurburgring (video)

The Porsche 918 Spyder – Porsche’s hybrid replacement for the Carrera GT – has been caught on video at the Nurburgring. Incredibly, it’s more that two years since Porsche took the wraps of the 918 Spyder at the 2010 Geneva Motor Show, yet we’re still more than a year away from actually seeing production cars. But Porsche are putting their time to good use. Porsche has made a few cosmetic tweaks already from the original 918 Concept, but they’ve also let it be known that the 918 Spyder will get a 550bhp 4.6 litre V8 to go with its electric motors on the front wheels  (one less motor than originally envisaged – there was going to be one one the back axle too), which will make the 918 Spyder a FWD Porsche when in EV mode.

Automakers scrap diesel plans

Mainstream carmakers have put the brakes on nine diesel-powered vehicles that had been scheduled for 2010. Honda, Chrysler, Ford, General Motors, Nissan and Toyota have halted diesel programs because of spiraling costs and other problems. Financial problems halted the programs at some companies.