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2014 Porsche Panamera gets new hybrid

The Porsche Panamera has been restyled and the lineup gains a plug-in hybrid model, along with a new twin-turbo V6 for the Panamera S and 4S models that is more powerful than the former base V8. Also, Porsche is adding a stretched version of the Panamera with 5.9 inches added to the wheelbase for additional rear-seat legroom. The restyled Panamera goes on sale in the United States late this year as a 2014 model.

Rally Ace Beats Own Isle Of Man Lap Record

SUBARU’S WRX STI has once again broken the four-wheeled lap record around the famous Isle of Man TT circuit, with British rally champion Mark Higgins setting a new record of 19 minutes 26 seconds in a production version of the firm’s newly launched high-performance saloon. Higgins’s lap around the challenging 37.8-mile TT Mountain course saw him post an average speed of 116mph and a top speed of over 160mph. Manxman Higgins completed his timed run under closed road conditions as part of the TT schedule and beat his previous record, set in 2011, when he set a time of 19 minutes 56.7 seconds at the wheel of the previous-generation WRX STI, breaking a record that had stood for 21 years.

New Mercedes CLA helps Daimler to 16% profit jump

The new Mercedes CLA (pictured) help Mercedes to a 16% profit jump. There’s an argument that the move in to more compact car sales by premium car makers will see their turnover rise and their profits fall as more compact cars tend to work on smaller margins than high-end luxury cars. But Mercedes has defied that logic by posting a 16 per cent increase in profits for the third quarter of 2013, boosted by sales of the new compact coupé – the Mercedes CLA.