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Porsche 911 Turbo Cabriolet revealed with 197mph top speed

Porsche has revealed the new 911 991 Turbo Cabriolet and Turbo S Cabriolet range – a 197mph open-top Porsche 911. Boasting 520hp even in standard Turbo guise, and a huge 560hp in Turbo S form, the new 911 991 Turbo Cabriolet range follows hot on the heels of the new 911 991 Turbo coupe range, which MSN Cars drove back in August. Click on the image above to see how Porsche has turned a hard-top Turbo into an open-top barnstormer…

Mitsubishi to sell Renault-based midsized car in US

Mitsubishi Motors Corp. plans to sell a Renault-based midsized car in the United States under a new strategic tie-up between Mitsubishi and the Renault-Nissan alliance. The car will be the first of two Renault-based sedans sold by Mitsubishi under a product and technology exchange announced by the companies today.

£5000 electric car grants to cut a quarter off EV price

British motorists will qualify for grants lopping a quarter off the price of electric, plug-in hybrid and hydrogen cars – up to a maximum of £5000 discount – the Government confirmed this week. The Office for Low Emissions Vehicles, which launched six months ago, said the new grants would come into force from January 2011 as part of a £230 million low-carbon car incentive programme. Car buyers will qualify for the Plug-In Car Grant from an approved list of low-carbon cars.