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Volkswagen Golf R Cabriolet price cut – down by £5,600

The VW Golf R Cabriolet (pictured) drops in price by £5,600 We’ve long wondered why Volkswagen hadn’t built a Golf R Cabriolet. But when they did finally bite the bullet and take the top of the Golf R for a production run, it was a bit of a let down. It was a let down because it seemed so cynical.

Daimler to axe Maybach in 2013. New Mercedes S Class Pullman instead

Maybach Axed We’ve been preidtcing the demise of Maybach for some time. After all, who wants an old S Class with chintzy trim and lots of toys for more money than a Rolls Royce Phantom? And now it seems that Daimler has also realised their revival of the Maybach has fallen flat on its face (except in Germany and to a pair from the Dragons’ Den) and it’s time to move on.

Historic first Porsche P1 electric vehicle goes on display

In what at first glance appears to be a blatant attempt to upset McLaren’s SEO – that’s Search Engine Optimisation – a Porsche P1 model has been announced. But this is no fearsome new 1,000hp rival to McLaren’s P1 hypercar (after all, Porsche already has one of those). Rather, the Porsche P1 actually dates from 1898, and produces just 3hp.