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Porsche 918 Spyder here in 2013, says new CEO

New Porsche president and chief executive officer Matthias Müller has confirmed that the new 918 Spyder hybrid supercar is on track for a 2013 delivery. Speaking to CAR at the 2010 Paris motor show, Müller said the engineering programme was on time and that the 918 would stay faithful to the concept car revealed in March this year. ‘We are doing [engineering] concept work on the 918 at the moment and will finish at the end of 2010,’ said Müller.

Mitsubishi Outlander Sport – aka Mitsubishi ASX / RVR – in New York

The Mitsubishi CUV hits New York We could have also thrown in to the mix of the confused headline ’Mitsubishi Compact Crossover’ and then we’d have covered all the possibilities for Mitsubishi’s competitor in the Compact SUV market – think Hyunda ix35/Ford Kuga/ VW Tiguan. And it’s been rolled out for its North American début at the New York Motor Show this last week, hence the extra name to add to the mix. The Americans seem to think that the Mitsubishi CUV is going to launch in North America as the Mitsubishi Outlander Sport, and they may be right.

Glass’s Guide Luxury Cars price crash

I think we all knew it was happening, but Glass’s guide, the trade bible for used car values, has confirmed that luxury cars in the UK have fallen out of bed in a big way. Comparing luxury diesel saloons with a year ago, they say that average values have dropped by a massive 21%. And in pure money terms the top end coupes, such as the Porsche 911, have fallen by 18%.