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New Porsche Cayenne drives Porsche profits – up 25 per cent

Porsche Profits up 25 per cent - driven by Porsche Cayenne sales Building the Cayenne will be the end of Porsche, cried the Porsche anoraks when Stuttgart entered the SUV fray with the Cayenne back in 2003. But nothing could be further from the truth. As we’ve pointed out endlessly, the lure of a capable and sporty SUV with an iconic badge is a license for Porsche to print money.

Tesla: Model S sales to begin in second quarter of 2012

Tesla Motors plans to begin delivering the Model S electric sedan in the second quarter of 2012 and expects to produce about 20,000 units annually, the company said at the Detroit auto show on Monday. Tesla has booked more than 3,000 reservations for the Model S in North America and Europe. The car's expected base price is $49,000.

Lamborghini Egoista revealed at Lamborghini’s 50th Anniversary celebrations UPDATED

The Lamborghini Egoista (which translate as the Lamborghini ‘Selfish’) gets its name because it is designed as a single seater, purely for the pleasure of the driver. Designed by Walter De Silva, the Egoista sports dramatic styling that is said to be inspired by the Apache helicopter (and isn’t entirely successful – the Apache looks better) and extensively uses carbon fibre with a canopy that can be removed for real single-seat fresh air thrills. Power comes from the Gallardo’s 5.2 litre V10, although so far all Lamborghini has done is release a single photo of the Egoista (above), so we don’t yet know whether the Egoista will be a one-off special like the Aventador J, a short run at silly prices like the Veneno or just a concept that will never see the light of day again.