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918 a match for Ferrari and McLaren in corners, says Porsche

Had you forgotten about the third contender in the hybrid supercar wars, given the furious competition betwen Ferrari and McLaren? Porsche’s hybrid 918 Spyder is that third competitor, which mates a 4.6-litre normally aspirated V8 to an 84bhp front-drive electric motor and a 127bhp EV motor helping drive the rear tyres. It costs £768,026, and though Porsche won’t quite admit as much, you can still buy one of the 918 being produced - unlike the sold-out LaFerrari.

New design chiefs for Peugeot and Citroen

PSA Peugeot Citroen is under new design leadership this week. As of 4 January 2010, Gilles Vidal has taken over as design director for Peugeot and Thierry Metroz is the new pencil wielder-in-chief at Citroen. Both will report to Jean-Pierre Ploué, who remains design director for the PSA group.

De Tomaso sold by Rossignolo

De Tomaso sold to unknown investors De Tomaso – the ill-fated Italian supercar maker – has been sold by Gian Mario Rossignolo after a financially fraught revival attempt. De Tomaso seems fated to lurch from one financial crisis to another – as it has throughout its history – with the latest efforts by former Fiat executive Gian Mario Rossignolo to revive the marque floundering for investment. And it looks like Rossignolo has given up the fight and sold out to unnamed investors.