Porsche says Panamera avoids gas-guzzler tax

Few expenses were spared in conceiving the Porsche Panamera, but consumers will avoid at least one cost of ownership: the ignominious gas-guzzler tax. Porsche has announced ratings for the 2010 sedan; it will get a combined figure of 18 mpg or 19 mpg from the EPA, depending on the model. This means Porsche’s four-door foray will avoid a fairly substantial cost of ownership--a tax of up to $7,700 is levied on the most prolific guzzlers.

American icon, reborn: the 1967 Shelby GT500CR Continuation Car (2010): first official pictures

We all have fantasies about meeting long dead heroes, dreams like seeing the Beatles play onstage, going dirt bike riding with Steve McQueen, or talking politics with JFK. Until they improve cloning technology, we won't be heading out to the desert with Steve, but there is one legend that is reborn and ready to ride. An Oklahoma based custom coachbuilder called Classic Recreations announced at the auto-industry love-fest called SEMA last November that they had struck a deal with Shelby American to put one of the most famous Ford muscle cars ever built back into production - the 1967 Shelby GT500.

Subaru Cuts Price Of BRZ Sports Car

SUBARU has announced a price cut for its rear-wheel drive coupe, the BRZ. Alongside the sister Toyota GT86 car, the BRZ is pitched at buyers seeking a fun, low cost sports coupe to rival the driving enjoyment offered by more expensive German models. From May the BRZ experience will be £2,500 less expensive, as Subaru is reducing the price to put more distance between it and its newly launched WRX STI model.