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Porsche 918 Spyder sets Nürburgring lap record

The new Porsche 918 Spyder has lapped the Nürburgring Nordschleife in 6min 57sec, a time that’s 14 seconds faster than the existing 'Ring record. Such a quick lap was only possible because of the 918 Spyder’s hybrid powertrain, says Porsche, and the new Nürburgring record is claimed to prove the potential its new supercar. Who is the new Nürburgring lap record holder in the Porsche 918 Spyder?

Mercedes S-Class Convertible confirmed

The Mercedes S-Class Convertible will be based on the S-Class Coupe (pictured) The new Mercedes S-Class has already arrived, and we’ve also got the new S-Class Coupe (in concept form, at least) with the next variant of the new S-Class now looking likely to be the Mercedes S-Class Convertible. We’ve known since 2011 that Mercedes were planning to chop the top off the S-Class for the first time since the W111 S-Class in the 1960s, but this is the first time anyone from Mercedes has officially confirmed it. Thomas Weber, Mercedes’ product development boss, has told Automotive News that the S-Class Convertible is on the way and will be based on the new S-Class Coupe.

Chevrolet Volt chief leaves GM

A key driver of the Chevrolet Volt project is defecting to start his own consulting firm, according to published reports. Volt chief Bob Kruse, 50, has left General Motors. He's been replaced by GM engineering veteran Micky Bly, who has also been involved with development of the Volt.