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Top new car deals for President's Day weekend

It's President's Day weekend, which means a solemn celebration of two great Americans new car deals from coast to coast! Mattress blowouts too, but those are covered elsewhere. We're not entirely sure how Washington and Lincoln got associated with the war on high prices, but many car dealers use President's Day weekend to launch their first incentive programs of the year.

2013 Porsche Panamera facelift & new Panamera S E-Hybrid revealed UPDATED + video

The 2013 / 2014 facelift for the Porsche Panamera has been revealed, together with a new Panamera S E-Hybrid with 410bhp. Update: We published this story before Porsche officially revealed details, but we covered most of the news on the Panamera facelift accurately. As well as the new E-Hybrid (for which Porsche are actually claiming 91mpg), there will also be a new long wheelbase Panamera ‘Executive’ model with 15cm extra in the wheelbase.

Scion considers moving upscale

Toyota's struggling Scion brand may move upscale to challenge entry-level luxury models coming from European automakers. The new lower-luxury niche includes Mini, the front-wheel-drive Mercedes-Benz CLA arriving this fall and Audi's compact A3 sedan shown last week on the eve of the New York auto show. Scion has gone after young entry-level buyers since its inception 10 years ago but has lost its early momentum.