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Porsche 918 Spyder Hybrid Monterey +video

The Porsche 918 Spyder in Monterey Unless you’ve been locked in a cupboard for the last week, you can’t have failed to notice that this weekend the car world – or at least the upper echelons of the car world – has migrated to Monterey in California for a weekend of basking in the beauty that is the automobile, which culminated in the Pebble Beach Concourse d’elegance We’ve had a couple of premiers from Jaguar and a crash by Sir Stirling Moss; the US has acquainted itself with the Bugatti Veyron SuperSports and the Morgan Eva GT got its world premier. And Porsche took the 918 Spyder Hybrid to Monterey to let the world see it – and to pitch its wares to some of the wealthiest collectors on the planet. Which gives us the opportunity to bring you a VT of the Porsche 918 Spyder on the move.

Chrysler posts first net profit since bankruptcy

Chrysler Group--the U.S. automaker that has survived two ownership changes and a U.S. bailout in the past four years--on Monday reported its first net profit since emerging from bankruptcy in June 2009.

First Fiat 500s will have stick shifts

The 2012 Fiat 500 , heading to U.S. dealerships later than first expected, is enduring another hiccup: The first units arriving in dealerships in late February will have manual transmissions, the company said. Moreover, only about 20 percent of the 130 Fiat dealerships will be open when those first cars arrive, said Laura Soave, head of the Fiat brand in North America, at the Detroit auto show last week.