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Los Angeles Motor Show: Porsche reveals new Panamera flagship

THE SCINTILLATING Panamera Turbo S has been launched at twin events at the Tokyo and Los Angeles motor shows. The new flagship at the top of the firm’s grand tourer line-up packs a 562bhp punch from a twin-turbocharged V8 engine mounted at the front, with drive transmitted to all four wheels via a sophisticated drive system that can shift torque to whichever wheels can best use it. Displaying true supercar pace, the Turbo S can catapult to 62mph in just 3.8 seconds on the way to a top speed of 192mph.

Qoros to launch second model at 2014 Geneva Motor Show

Qoros The second car to be built by the fledgling Qoros car maker will be revealed at the 2014 Geneva Motor Show, the Chinese firm announced today. These new pictures are the first sight of the new model, which will go on sale in China in 2014. Although only these two shadowy teaser images have been published, they appear to show a bigger family car, perhaps an SUV.

GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.