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Porsche 911 Speedster (2010) first official photos

Further evidence of Porsche market saturation: the new Porsche 911 Speedster, announced today ahead of its debut at the 2010 Paris motor show. Porsche has dabbled with speedsters before, of course. Most notably with the 356 - and Stuttgart's playing homage to that car with the new 2010 911 Speedster.

ZAP electric car

California-based ZAP has completed the initial concept phase for a new electric vehicle claimed to hit a top speed in excess of 100 mph with a range of 100 miles per charge.  "With ZAP's experience over the past 12 years and the groundwork we have already laid, we know that electricity is the future of the auto industry," said ZAP CEO Steve Schneider.  "At the same time, we believe we have a design that will serve a niche no other manufacturer in the auto industry is seeking to fill." More details of the car will become available at the end of the month.

Toyota to build Highlander hybrid in Indiana

Toyota Motor Corp. will invest $400 million to build a hybrid version of the Highlander crossover in Princeton, Ind. Toyota already builds the Highlander in Indiana but the hybrid Highlander has been assembled in Japan.