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News watch Sept 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 September 2010• Porsche today posted record turnover, off the back of rising sales. It announced an 18% leap in annual turnover to €7.8 billion while sales rose 9% to 81,500 vehicles, up from 75,238 the previous year.

BMW X4 Leaks

We have the first official photos of the BMW X4 SUV – the ‘Lifestyle’ version of the X3 – which we expect to debut at the Shanghai Motor Show this month. We have the first leaked images of the X4 that show a BMW X3 with the same sort of treatment as the X5 got to turn it in to the X6, and create what BMW like to call an SAC – a Sports Activity Coupe. Apart from the changes to the body – and less room in the back – you can expect the X4 to offer much the same under the skin as the X3 – albeit at a premium price – which will mean – for the UK at least – will mean everything from an X4 xDrive 18d SE through to an X4 xDrive 35d M Sport.

Lotus Elise S Cup R poised for US consumption

Lotus can’t sell its road cars in North America anymore (dang safety regulations!), but that won’t stop them from sending some hardcore track vehicles here for the true enthusiasts. Enter the Lotus Elise S Cup R. The Cup R variant of the Elise sports a 1.8-liter four-cylinder engine, delivering 217 hp and 181 lb-ft of torque with help from a Magnuson R900 supercharger.