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Eterniti Hemera concept

An intriguing teaser sketch for Eterniti Motors, a new London-based luxury car brand, has been revealed this morning. The company's website features a teaser video and an early sketch of its first vehicle, the Hemera. It will be further developed, with more evolved versions of the sketch released every week leading up to its Frankfurt debut. Judging from the sketch, the full production-ready vehicle set to make its debut in Frankfurt will be a high-level SUV crossover.

Porsche says Panamera avoids gas-guzzler tax

Few expenses were spared in conceiving the Porsche Panamera, but consumers will avoid at least one cost of ownership: the ignominious gas-guzzler tax. Porsche has announced ratings for the 2010 sedan; it will get a combined figure of 18 mpg or 19 mpg from the EPA, depending on the model. This means Porsche’s four-door foray will avoid a fairly substantial cost of ownership--a tax of up to $7,700 is levied on the most prolific guzzlers.

Infiniti signs F1 deal with Red Bull Racing

Infiniti is going racing. Sort of. Nissan's luxury arm has signed a high-profile two-year partnership deal with current F1 champions Red Bull Racing.