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Who's Where: Gordon Murray launches own design company

Famed Formula One designer Gordon Murray has launched his own design company, with its first project currently underway. But it's not quite what you might expect from someone who's made a name for himself building such aerodynamic performers like the McLaren F1 and Camparo T1 supercars. Murray's new project is to build an economical small car for the masses: one that would be both cheap to buy and to run.

Porsche plans a hybrid in every model line

Porsche is counting on hybrid drive to help reduce its fleet CO2 emissions. “In the future, we will have hybrid drive in every model line," development chief Wolfgang Duerheimer said. Earlier this year, Porsche launched a hybrid version of its Cayenne SUV.

California rules give push to 'green' vehicles in the near future

California regulators on Friday approved a plan that would require 15.4 percent of new vehicles sold in the state be electric, fuel-cell or plug-in hybrid vehicles by 2025. The rule--supported by major automakers--is part of a broader package of regulations called the Advanced Clean Car program designed to cut vehicle greenhouse gas and smog-forming emissions. The sweeping new auto emission standards could mean 1.4 million electric, fuel cell and plug-in hybrid vehicles on California roads by 2025.