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Daily Auto News

One of the biggest hits at this year’s Geneva Motor Show was the Porsche 918 concept. The super-slick plug-in hybrid surprised the automotive press with its good looks and green-monster powertrain. Now, Porsche wants to actually build the thing.
The U.K.’s Autocar says, “Porsche boss Michael Macht says that staff in the firm are fully committed to building the 918 Spyder, the biggest shock – and hit – of the Geneva motor show. Taken from drawing to show car in under five months, the 918 mixes a 500bhp petrol V8 with two electric motors for a combined 718bhp. Porsche has calculated that it could be quicker than the old Carrera GT around the Nordschleife.”
Autoblog Green says, “The key is that the car has to be profitable. Porsche won’t build the 918 as a loss leader just to get it out there.”
As a result, Left Lane News reports, “Porsche now says it is looking for letters of intent from possible buyers to determine if the car has production potential.” Before you stick your letter of intent in the mail, Left Lane News says you should know that while the concept came together in a matter of months, “buyers will reportedly wait closer to five years, according to company insiders estimating time to get the car to production.”
That just gives you more time to save up enough money to actually afford one.
If you’re in the market for a new car, check out the U.S. News rankings of this year’s best cars as well as this month’s best car deals.
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