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Porsche 918 Spyder to get 875bhp to take on McLaren P1 & LaFerrari

The Porche 918 Spyder – Porsche’s hybrid supercar – is to get a power boost and go on a diet to better compete with the McLaren P1 and LaFerrari. But the duo of hybrid supercars at Geneva will become a trio at the Frankfurt Motor Show in September when the Porsche 918 Spyder gets revealed in final production form before heading for a select group of customers in 2014. It does seem to have taken Porsche quite a while to get the 918 Spyder in production-ready guise  but it seems they may have been waiting to see what McLaren and Ferrari had up their collective sleeves before settling on a production specification for the 918 Spyder.

V6 dropped for redesigned Mazda 6 sedan

Mazda will drop the V6 engine from the Mazda 6 lineup, the company told Automotive News. Instead, the redesigned Mazda 6 will use powertrains from Mazda's Skyactiv technology bin, including direct-injection four-cylinder engines and ultra-efficient transmissions. “We believe that the balance of fuel economy and power that Skyactiv offers is what customers want,” a Mazda spokesman said.

Whitacre named General Motors' permanent CEO

Ed Whitacre, General Motors Co.'s chairman, will become the automaker's permanent CEO, it was announced on Monday. In a brief press conference, Whitacre, 68, said GM plans to pay back government loans to the U.S. and Canada by June.