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Porsche 918 Spyder (2013) at Frankfurt motor show

This is the new Porsche 918 Spyder, and it’s just been unveiled on the eve of the 2013 Frankfurt motor show. The Porsche 918 Spyder is the successor to the legendary Carrera GT, uses a race-derived engine, hits 62mph in 2.8 seconds, and will reach 214mph. But the Porsche 918 Spyder is also very different to the Carrera GT, because it’s a hybrid and promises Toyota Prius-like levels of parsimony.

Lotus, Toyota celebrate engine deal

Lotus CEO Dany Bahar presented Toyota president Akio Toyoda with a Lotus Elise this week at the British Embassy in Tokyo, celebrating the companies' long partnership. The Elise was equipped with Toyota's last 2ZZ-GE VVTL-i engine, the same engine found in older versions of the Lotus Elise and Exige. “The presentation of Toyota's last 2ZZ engine in the Elise is a symbolic gesture of our continued respect and deep appreciation for our partner not only acknowledging our past, but also looking forward to our future together,” Bahar said in a statement.

2013 Scion iQ EV to join car-sharing programs

The diminutive 2013 Scion iQ EV battery-electric vehicle will join car-sharing programs in the United States. The automaker says that details on which car-sharing programs the iQ will join will be announced in the coming weeks. The iQ EV sports a 12-kilowatt-hour battery, which provides an estimated range of 50 miles on a full charge.