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Porsche Panamera Turbo S – 0-62mph in 3.8 seconds

Porsche has revealed the full details of its new Panamera Turbo S, and it’s a monster. Set to debut at the 2013 Tokyo Motor Show in November, the Panamera Turbo S is no less than 50hp more powerful than the regular Panamera Turbo, and now sprints 0-62mph in less time than an Audi RS6. Or indeed the last generation Porsche 911 GT3.

Motorcycle makers revved for rebound

Bikes are back. After being hit a lot harder by the recession than carmakers, the motorcycle industry, more susceptible to the whims of discretionary spending, is on its way back. “Unit sales are growing for the first time in several years,” said Danny Phillips, executive vice president of Advanstar, the parent company of Progressive International, which put on last weekend's motorcycle show at the Long Beach Convention Center.

Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.