Porsche Approves 918 Spyder

It looks likes dreams really do come true.  At least for extremely wealthy people.  Porsche just announced that they will be making a production version of the stunning 918 Spyder concept car that made the rounds at auto shows this past year.  Powered by a 550HP V8 along with two electric motors producing 109HP each and able to get up to 78MPG and 16 miles on electric power alone thanks to a plug in hybrid system, it is a techno marvel.

Early speculation on price has it at a stratospheric $650,000US.  The good news is that since it's a hybrid, US buyers will be eligible for a generous $7,500 tax credit.  I'm sure that will help anyone on the fence about buying one.