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Porsche 918 Spyder here in 2013, says new CEO

New Porsche president and chief executive officer Matthias Müller has confirmed that the new 918 Spyder hybrid supercar is on track for a 2013 delivery. Speaking to CAR at the 2010 Paris motor show, Müller said the engineering programme was on time and that the 918 would stay faithful to the concept car revealed in March this year. ‘We are doing [engineering] concept work on the 918 at the moment and will finish at the end of 2010,’ said Müller.

LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

Mercedes SLS Electric Drive (2013) sets new Nürburgring lap record

The Mercedes SLS AMG Electric Drive has smashed the Nürburgring lap record for electric cars, posting a 7min 56.234sec time. The previous record holder was the Audi R8 E-tron, which lapped the Nordschleife in 8min 9.099sec in July 2012. Electric Mercedes beats Audi?