2013 Red Panamera Gts, Former Porsche Executive Car, $134,340 Original Msrp! on 2040-cars

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Porsche 911 GT2 RS vs. Mercedes SLS AMG Black in battle of who can shred more rubber

We might be looking at the end of an era in European performance models. Mercedes-Benz is doing away with the SLS in favor of a rumored smaller and cheaper SLC, and Porsche has said that a new 911 GT2 isn't necessarily a sure thing, which means another 911 GT2 RS is even farther away. In its latest video, Evo's Jethro Bovingdon pits the ultimate versions of these German sports coupes against each other and finds two of the fastest cars the magazine has ever lapped around its track.
In one corner, there is the Mercedes SLS AMG Black Series that sits as the pinnacle of the company's halo model. It relies on the classic setup of a V8 mounted in front powering the rear wheels. On the other side, there is the 911 GT2 RS with a turbocharged flat-six mounted at the back, spinning the rear wheels. It was conceived to be Porsche's ultimate expression of a turbocharged 911, and while it's a few years old, Bovingdon shows that it's up to the task of racing a more modern rival.
Both of these rear-wheel-drive monsters are more than capable of some fantastically smoky power-slides, but they also show how great the last generation of sports cars was. Scroll down to check out the video.

Recharge Wrap-up: Tesla Model X towing drag race, Porsche 918 salvage auction

Watch an Alfa Romeo 4C drag race against a Tesla Model X towing an Alfa Romeo 4C. The ridiculous (or, perhaps more appropriately, ludicrous) race appeared in MotorTrend's Instagram, which was then shared on Facebook by Tesla Motors Autopilot Program Director Sterling Anderson, along with the comment, "Fun fact: many high-performance cars cross the quarter mile line faster when towed by a Model X than they do on their own four wheels." While we can't quite see the actual results of the drag race in the video, it appears to be a close one. Check it out in the video above, and read more from Electrek. A Porsche 918 Spyder has gone up for auction. Unfortunately, it's a salvage auction, and said performance plug-in hybrid is totally mangled. The gut-wrenching photos reveal an even sadder detail, as the car's odometer shows it only logged 92 miles before being involved in what appears to have been a terrible wreck (though the listing describes the miles as "not actual"). The current bid on the Copart auction site is up to $106,000, and the listing shows a $600,000 repair estimate. The very expensive hunk of metal and carbon fiber is located in Long Island. Check out the listing for yourself, or read more at MotorAuthority. GKN Driveline says that German drivers are more interested in plug-in hybrids (especially with all-wheel drive) than conventional hybrid cars. In a poll of more than 1,000 drivers commissioned by GKN, 75 percent preferred PHEVs to standard hybrids, while 61.2 percent said that 50 kilometers (31 miles) of electric range is enough for their daily driving duties. About 81 percent are "wary of hybrids," most believing them to be a poor value. 52 percent said their ideal car would combine a plug and all-wheel drive. "We believe that plug-in hybrids with all-wheel drive make sense," says GKN Automotive President of Engineering Peter Moelgg, "and the public's positive response to vehicle programmes that offer this combination – like the Volvo XC90 T8 Twin Engine, BMW i8, and Porsche 918 Spyder – can only continue to grow." Read more in the press release below. NEW RESEARCH REVEALS GERMAN DRIVERS PREFER PLUG-IN HYBRIDS Lohmar, Germany, 22 March 2016: Drivers now consider plug-in hybrid vehicles to be more attractive and practical than conventional hybrids, a survey commissioned by GKN Driveline has revealed.

Porsche Australia price cuts in excess of $36,000 irks customers

Have you ever gone to the store, only to become irked after learning that the new [*insert widget here*] that you bought just last week has gone through a price drop? If you're particularly thrifty, even if it's only a couple of bucks, you probably brought in your receipt to see if the store would issue you a credit for the difference. Now, imagine that the widget in question isn't a minor purchase, it's a Porsche - and the price drop isn't just a few bucks - it's thousands.
That's the unhappy scenario that recently faced a number of Australian luxury car buyers and the uncomfortable conversation awaiting the German automaker. According to GoAuto, Porsche Australia recently whacked up to $36,000 off the price of its models in order to jumpstart sales Down Under - the Panamera range itself saw cuts between $5,500 and more than $36,000. The aggressive price cut was a strategy designed to drive sales of more than 3,000 cars locally, a yearly goal originally set for 2018, but now hoped for as early as 2016.
Australia is known for its comparatively high car prices, so the dramatic price cuts were undoubtedly welcome news to potential Porsche shoppers. However, around 50 existing customers were understandably agitated by the reductions because they purchased their cars just before the adjustments took effect. Not only did they stand to lose out on the deals, they also had good reason to fear that their new cars' residual values would take a beating.