First seen as a concept at the 2010 Geneva Motor Show, the 918 Spyder is a plug-in hybrid supercar that will enter production at the end of September 2013.

The new 918 Spyder is built around a carbon fibre-reinforced plastic monocoque and features fully adaptive aerodynamics and an adaptive rear-axle steering.

Porsche has announced that the production version will feature an enlarged 4.6-liter V-8 engine pumping out close to 570 horsepower.

Porsche is looking to develop a smaller, Panamera-styled sedan named the “Pajun” in order to compete with Mercedes-Benz’s popular E-Class and CLS coupe.

The Pajun will be a smaller version of the current Panamera sedan with four doors and would likely cost between €65,000 and €100,000.

Wealthy Iranians are fuelling an unprecedented luxury car boom despite sanctions hurting their economy, paying up to $360,000 for high-end autos.

“Buyers are paying upfront for these cars, which generally cost two to three times more than abroad,” one car salesman in Tehran told AFP on condition of anonymity.

An international panel of automotive journalists has voted the Porsche 911 the 2012 World Performance Car in New York.

The World Performance Car Award is presented by the World Car of the Year organization in recognition of a new car with ‘a specific and overt sports/performance orientation’.

The Porsche 911 was chosen from an entry list of 19 cars from all over the world and beat fellow finalists the Lamborghini Aventador LP 700-4 and the McLaren MP4-12C.

This Porsche 911 Carrera 4S spotted in China features a loud gold chrome wrap with blacked-out taillights, a big fixed rear wing and gold-lined wheels.

Porsche‘s new compact SUV is to be called the Porsche Macan, derived from the Indonesian word for ‘tiger’, the luxury German automaker confirmed February 16.

Releasing the first teaser sketch and video for the model, Porsche also confirmed that it will begin production in 2013 as the fifth Porsche model line, following in the footsteps of the larger Cayenne SUV.

The firm’s first impressions show a low, sleek model which is known to be based on the Audi Q5 platform, with a sportier styling and premium interior.