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I'm sure you are aware of Chinese automaker, Chery, who is perhaps well known for the QQ compact hatchback. Chery (and Chinese cars in general) are economical and provided adequate power for your basic commuting needs in decent comfort. But then again, styling was not the forte of Chinese cars and Chery is about to change that perception. Chery is embarking to design their own cars from now, and they have hired Turkish-born German automotive designer, Hakan Saracoglu, for the job. If the name doesn't ring a bell, maybe his portfolio will. 47-year old Hakan Saracoglu, previously worked at Ford for the Mondeo and Focus projects before moving on to a famed German marque

[extract] According to reports earlier this month, the next-generation Audi R8 will share an all new platform with Porsche

Porsche is seriously considering a production version of the 918 Spyder which was shown as a concept at the 2010 Geneva Motor Show. According to CEO,Michael Macht, the public's response to the 918 Spyder concept was marvellous. The 918 Spyder is a concept car slated to be the successor of Carrera GT. Its size is not as large as a true supercar, but its performance is no less spectacular. Mid-mounted in the chassis is a high-revving 3.4-liter V8 derived from Porsche's endurance racing car, the RS Spyder. It is said to produce 500 hp at 9200rpm in road trim, and that occurs at a record-breaking 9200 rpm. Complementing the V8 powerplant is a small lithium battery pack (housed between the seats and the engine) which powers two electric motors. They combine to develop another 218 horsepower and regenerate energy to recharge the battery during deceleration. The concept is able to achieve a top speed of 198mph and reach 60mph from halt in 3.1 seconds. Power is delivered to the rear axle via a 7 speed PDK transmission. Should it be given the green light, the 918 Super Hybrid Spyder would go on sale within the next five years.