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Wayne Cunningham/CNET

Speedy, sporty Spyder

Automotive News reports on a new hybrid model from Porsche.

Automotive News
Porsche 918 Spyder
Porsche showed the 918 Spyder hybrid as a concept at the 2010 Geneva auto show. Wayne Cunningham/CNET

Porsche has approved production of its expensive and speedy 918 Spyder hybrid sports car. The Spyder--capable of going from 0 to 60 mph in 3.2 seconds--debuted as a concept at the Geneva auto show in March. Porsche says it has more than 2,000 buyers interested in the car--double the number it says it needed to make a business case. The automaker isn't saying how many it will build. Media reports say the Spyder is likely to be priced at about $650,000.

(Source: Automotive News)