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Porsche Panamera 4 E-Hybrid has 462 hp and 516 lb-ft of torque

Hybrids are for more than saving fuel, according to Porsche. To wit, the German automaker's upcoming 2018 Panamera 4 E-Hybrid boasts 462 horsepower and 516 pound-feet of torque courtesy of its 2.9-liter twin-turbo V6 (330 hp and 331 lb-ft) and electric motor (136 hp and 295 lb-ft). All that power is sent to all four wheels through an eight-speed PDK transmission, resulting in a 4.4-second 0-60 run and a top speed of 172 miles per hour. For those keeping track at home, those performance stats put the E-Hybrid a few ticks behind the 2017 Panamera 4S, which uses a more powerful version of the twin-turbo V6 engine to hit 60 in 4.0 seconds (with the optional Sport Chrono package). The payoff, though, is in efficiency. There's a maximum electric range of 31 miles with a fully charged battery, and the engine isn't needed until speeds top 86 mph. That means the majority of drivers won't need to use a drop of gas for most daily driving chores. The E-Hybrid ought to be pretty fun to drive, too. In the previous Panamera Hybrid, the accelerator pedal had to be pressed at least 80 percent of the way down to get maximum electric motivation. For the new version, every electric horse is available at all times. Coupled with the nature of turbocharged engines, we'd imagine there's going to be a lovely wave of torque at around-town speeds and on highway on-ramps. A liquid-cooled, 14.1-kWh, lithium-ion battery is located under the floor of the cargo area. It takes 12 hours to charge on a standard outlet, or as little as 3 hours with an optional high-speed charger. As with other Panamera models, most of the interior buttons have been replaced with touch-sensitive panels. E-Hybrid models get unique programming for the dual 7-inch displays in the dash and the 12.3-inch touchscreen atop the center stack that shows various power meters and driving tips to increase efficiency. Porsche's Sport Chrono Package comes standard on the Panamera E-Hybrid. In addition to the Sport and Sport Plus modes of the steering-wheel-mounted mode switch, there's an E-Power mode that relies solely on electricity, a Hybrid Auto mode for maximum gas/electric efficiency, an E-Hold setting that switches the car into gas-only mode to preserve the battery, and an E-Charge mode that forces the gas engine to keep the battery fully charged. If you want maximum performance, you'll want to keep the switch in Sport Plus. Expect the 2018 Porsche Panamera E-Hybrid to hit US showrooms this summer.

Volkswagen profit jumps as it warns of a cooling auto market

FRANKFURT, Germany — Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles in its lineup but warned that global car markets are slowing more than expected and lowered its forecast for annual sales. After-tax profit rose to $4.42 billion (3.98 billion euros) as revenues rose 11% to $68.27 billion (61.42 billion euros). The sales margin of 7.8% exceeded the goal of 6.5-7.5% as vehicles bringing higher profits took a larger share of sales. The Wolfsburg-based automaker pointed to the headwinds facing the industry by saying that it expects "vehicle markets will contract faster than previously anticipated in many regions of the world." It said sales would be "on a level" with last year's record of 10.8 million vehicles. Previously it had expected a slight increase. The company said its profits would be in the lower end of its forecast range. Global automakers are facing a slowdown in sales amid disputes over trade and from pressure in the European Union and China to develop and sell low-emission vehicles that require heavy investment in new technology. Ford and Renault have issued profit warnings in recent days, while Daimler, maker of Mercedes-Benz luxury cars, lost money in the second quarter and is expected to outline a cost-cutting strategy for investors on Nov. 14. Volkswagen is leading the push into electric vehicles in Europe by launching its ID.3 battery-powered compact car at prices it says will make zero local emission vehicles a mass phenomenon. The company was able to increase earnings in the quarter despite an 18% rise in spending on research and development.

Guess which brand's not on a top 10 list of best EVs (hint: it's Tesla)

Few surprises lurk in Autotrader’s list of its 10 best electric vehicles of 2023, but there is one that stands out: no Teslas. There's Hyundais and Kias, Porsches and Fords, a BMW and a Nissan. But Â… no Teslas. Although many of us admit to being over-Musked and tired of reading about him, the lack of a Tesla model on a selection of the 10 most desirable current EVs is conspicuous by its absence. Asked about this particular omission, we received this rather vague response from Autotrader spokesperson Brenna Buehler at Cox Automotive: “Tesla models were included in consideration but didnÂ’t get sufficiently high scores by the Editorial team to qualify for the top 10.” At least some Tesla offerings appeared to meet all the requirements set by the website. The manufacturers must offer 2023 model year vehicles, and they have to be sold in at least 15 states. Check. Only pure EVs were allowed on the list; there are no hybrids, plug-in hybrids or hydrogen fuel-cell vehicles. Check. The base manufacturer's suggested retail price must be less than $100,000. Check. Let the debates begin. Moving on, it should be noted that two Genesis models, a G80 sedan and GV 60 SUV, are listed, along with a Lucid Air midsize sedan, the Rivian R1T pickup, and the Porsche Taycan. Here is the full list, with the remarks and comments from Autotrader's raters. (And we've included links to Autoblog's own reviews for a deeper dive). The EVs are listed in alphabetical order by brand, so don't read anything into the order of presentation: 2023 BMW i4 BMW reboots its EV approach and comes up with a winner: Whatever you thought of BMW's first run at EV, the i3, it was missing a certain something – it didn't look or perform like a BMW. The 2023 BMW i4 corrects course with a Gran Coupe that our editors agree looks and drives like a BMW. 2023 Ford F-150 Lightning Ford's electric pickup gathers steam in its second year: The F-150 Lightning somehow synthesized decades of pickup truck knowledge with the latest and greatest EV technology and infused thoughtful details and user-friendly features. 2023 Genesis Electrified G80South Korea's luxury brand shows how to elevate the executive EV sedan without breaking the bank: Genesis, Hyundai's luxury offshoot, rethought the gasoline-powered luxury sedan, the G80, and developed the 2023 Genesis Electrified G80. Precisely as the name hints, the Electrified G80 replaces the G80's engine with an all-wheel-drive EV powertrain.