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Ruf Stormster concept (2009): the electric Porsche Cayenne

Ruf might be a tiny German tuner, but it’s just unveiled the first ever electric Cayenne. Called the Stormster it's Ruf's second battery-powered Porsche, uses the same motor as the company's electric 911, weighs close to 2.7 tonnes and hits 62mph in ten seconds. No at all – in fact, earlier this week Ruf took its 676bhp GT2 to 229mph at the Nardo test track in southern Italy.

Audi greenlights new Q1 entry-level SUV

Audi has confirmed long-running rumors it will add a new entry-level SUV to its lineup called the Q1. Previewed as a concept called Crosslane Coupe at the 2012 Paris Motor Show, the new price-leading SUV is planned to slot into the German automaker's lineup beneath the existing Q3. The price is expected to rival that of the Mini Countryman.

Ford GT Sells For a Record $11 million at RM's Monterey Auction

RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.