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Los Angeles Motor Show: Porsche reveals new Panamera flagship

THE SCINTILLATING Panamera Turbo S has been launched at twin events at the Tokyo and Los Angeles motor shows. The new flagship at the top of the firm’s grand tourer line-up packs a 562bhp punch from a twin-turbocharged V8 engine mounted at the front, with drive transmitted to all four wheels via a sophisticated drive system that can shift torque to whichever wheels can best use it. Displaying true supercar pace, the Turbo S can catapult to 62mph in just 3.8 seconds on the way to a top speed of 192mph.

Honda Civic Ti, Accord Facelift (2011) at Geneva

The Honda Civic Type R might have died, but Honda today released pictures of its stylistic equal: the race-inspired but humdrum-powered Civic Ti. Honda says the new Civic Ti takes design cues from the Honda touring car and adds more than £3700 of extras to the 1.4 and 1.8 i-VTEC SE models. The five-door Civic is fitted with 17-inch 'Pro race' matt black wheels from Honda's BTCC racing partner, Team Dynamics. The broody black bodykit includes front spoiler, rear spoiler side inserts and rear body skirts - all contrasting the white pearl paintjob.

Chrysler to axe a quarter of its staff

Chrysler is to cut a quarter of its staff - up to 5000 jobs By Tim Pollard Motor Industry 24 October 2008 17:05 The credit crisis gripping the world's economy struck Chrysler again today – the car maker announced it would cut a quarter of its staff by the end of the year. Although exact figures haven't been issued yet, it looks like as many as 5000 jobs could be axed. Analysts in Detroit are seeing today's announcement as a sign that the possible GM-Chrysler merger being discussed could come to fruition.