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Porsche 918 Spyder (2013) at Frankfurt motor show

This is the new Porsche 918 Spyder, and it’s just been unveiled on the eve of the 2013 Frankfurt motor show. The Porsche 918 Spyder is the successor to the legendary Carrera GT, uses a race-derived engine, hits 62mph in 2.8 seconds, and will reach 214mph. But the Porsche 918 Spyder is also very different to the Carrera GT, because it’s a hybrid and promises Toyota Prius-like levels of parsimony.

Uwe Bahnsen 1930-2013

The design world remembers Uwe Bahnsen, who passed away on 30 July aged 83. Born in Hamburg, he studied Fine Arts at the Hochschule für Bildende Künste before joining Ford in 1958. His final position at the blue oval was vice president of design, which he held until 1986.

U.S. says 90 percent of clunker claims have been approved

The U.S. Transportation Department says it has paid or approved $2.6 billion in cash-for-clunkers transactions, or 90 percent of the $2.9 billion submitted, as accelerated payments to dealers continue. A total of 534,598 claims for $2.3 billion were paid as of Sept.