Porsche Panamera S E-Hybrid does 62mpg in the hands of motoring journalists

The Porsche Panamera S E-Hybrid – a Panamera with a plug-in hybrid powertrain – arrives last month, along with a 2013 facelift for the Panamera range , complete with claims from Porsche that it could do 91mpg. That was never going to happen in the real world, but Porsche has followed up its official economy figures with a degree of proof that the Panamera E-Hybrid can actually achieve very impressive economy numbers in the real world, and in the hands of motoring journalists – a group not renowned for their light touch on the throttle. At a press event in Hockenheim, Porsche let car journalists loose on the Panamera E-Hybrid for a total of 42 drives over a total distance of 750 miles and returned an average of 62mpg.

Whitacre leaving General Motors

UPDATED--Ed Whitacre is stepping down as General Motors Co. CEO on Sept. 1.

Toyota to build Corollas at revived Mississippi plant starting in late 2011

Toyota will resume construction on its mothballed plant in Mississippi and begin producing the Corolla there late next year. “We first needed to fully utilize our existing facilities as the economy slowed,” Yoshimi Inaba, president of Toyota Motor North America, said in a statement Thursday. “Now it's time to fulfill Toyota's promise in Mississippi.” The automaker said it will hire 2,000 workers “soon.” Corolla output would mark another shift for the project.