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Preview: Porsche Panamera

After what has already been the most drawn-out model introduction ever (the initial Porsche sketches of the new model having been revealed in 2005), Porsche has finally released the first official rendering of its forthcoming Panamera sedan, set to be launched in 2009. Though the plan view doesn't show much of the new Porsche's design, the company says the features will 'include a wide and low body offering dynamic proportions and muscular design'. But while the grand tourer will have a 'compact overall look', the interior space is claimed to offer a brand-new experience of roominess, with two single seats and generous headroom at the rear allowing adults to sit in comfort.

Chevrolet Spark EV tops EPA's fuel-economy rankings for 2014

The 2014 Chevrolet Spark EV has been named the most fuel-efficient vehicle by the EPA and the Department of Energy in a new ranking for 2014. The Spark EV returns a combined 119 mpg equivalent, achieving 128 mpg in the city and 109 mpg on the highway. Chevrolet's pure-electric hatch displaced last year's chart topper, the Scion 2013 iQ EV, with its 121 mpg equivalent rating, but the Scion is not offered for the 2014 model year, so it didn't make the list for the U.S.

Elon Musk says NYT story cost Tesla $100 million

Tesla CEO Elon Musk told Bloomberg TV on Monday that the recent negative New York Times review of the Model S sedan decreased the company's stock-market value by as much as $100 million. The NYT-Tesla saga began on Feb. 8 with reviewer John Broder recounting the tale of how he was stranded when the Model S didn't live up to its 300-mile claimed range.