Toyota Corolla Ae86 Ae85 Levin Trueno Switches on 2040-parts.com

Porsche is developing a new four-cylinder engine set to power entry-level model

High-ranking officials at Porsche's Weissach research and development center in Germany have confirmed that engineering work is progressing on a four-cylinder horizontally opposed gasoline engine, details of which were first revealed by Autoweek earlier this year. The new boxer unit--which is earmarked to power a new mid-engine, entry-level model that insiders describe as a spiritual successor to the iconic 550 Spyder--looks set to become an integral part of Porsche's future model plans. Insiders suggest it will also be offered on the third-generation Boxster and the second-generation Cayman later on in their respective model cycles.

Detroit Electric reboots for Shanghai auto show

The Detroit Electric name is being revived in the Motor City. The company says it will reveal its first electric sports car -- based on the Lotus Elise -- at the Shanghai Motor Show in April, and begin selling in limited markets by August. That's a lofty goal for a company that just hit our radar on Tuesday morning.

One Lap of the Web: 1980s collectibles, McLaren F1 video and snow tires for all

-- It may not be the newest supercar, but few would argue the McLaren F1's place near the top of the all-time greats list. Now you can relive the car's 241-mph top speed run from 1998 in this full-length video. -- Hagerty's Jonathan Stein considers now-classic cars and the joys of using them as they were intended: In the white stuff with a set of snow tires.