The latter is almost a little puzzling – who on earth wants a four-door sedan version

Scion iQ Concept - click above for hi-res image gallery

You know that Toyota iQ your cousin's seen running around Europe and Japan? It's making its way Stateside, first to next week's Detroit Auto Show, then to a Scion dealer near you as a hybrid. This is according to a scoop by Inside line. We've known for a while now that the iQ will be showing up as a Scion, just not for certain as a hybrid. Also, according to IL, the fate of the brand hangs in the balance. Also-also, they might (yay!) drop the name iQ.

That's right, the diminutive Toyota with the silly name is going to greet us as a youth-branded Scion. In multiple flavors, too. First will come a five-door hatchback, followed next by a four-door sedan. The latter is almost a little puzzling – who on earth wants a four-door sedan version – but then we recall all the other cars PR types tell us the American market forces into four-door guise and we're not surprised one bit. The Scion iQ will also come as a three-door hatch. Expect the five-door to show up first, towards the end of 2011.

The engine options are pretty interesting. If you so desire, a 1.3-liter four-banger will produce 93 horsepower. However, most folks will probably opt for the hybrid version. First of all, the gas and electric propulsion is so cheap that Toyota will be able to sell it for $15,000 or less. Second, expect a 1.5-liter four and some sort of electric motor to produce between 100 and 120 hp and return 60 mile per gallon. Not bad at all. Again, Inside Line ends their scoop explaining that if the iQ doesn't get youngsters buying Scions, nothing will. Er, make that nothing will have a chance to, as Toyota is likely to fold the brand.

Scion iQ Concept

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There are now so many Car of the Year awards

There are now so many Car of the Year awards given out that the whole idea of one vehicle being honored above all others has lost its impact. But when the giver of said award is Playboy Magazine, well, the honor means a little more. Why? Because Playboy doesn't pick a winner based on such tangible criteria as horsepower, miles per gallon or MSRP. They don't care so much about the fastest, greenest or most significant car in its segment. They care about cool. Which car is going to get you to that VIP event and make all eyes turn towards you on arrival? For 2010, Playboy says that car is the Porsche Panamera.

We can absolutely understand where Playboy is coming from here. You just have to imagine yourself as Hugh Hefner: Porsches are both cool and fast, but a Porsche that can accommodate me, my smoking jacket and three bunnies is worthy of a place in the Playboy Mansion garage and perhaps an X-rated car wash in the driveway.

Playboy gave out eight other awards in such categories as Best Horsepower Value (Nissan 370Z), Best Mean and Green (Ford Fusion Hybrid) and Best Reborn Beauty (Ford Taurus SHO) among others. You can check them all out in the press release after the jump, and while we're not sure how many automakers will place their new Playboy awards front and center in the corporate trophy case, we're sure behind close doors they're... well, let's not talk about what they're doing behind closed doors.

2010 Porsche Panamera

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Lexus is working on a very hot version of the GS luxury saloon

In these very last days of 2009, some Japanese magazines are spreading the rumor that Lexus is working on a very hot version of the GS luxury saloon, allegedly called GS-F, which will get the firm’s V10 engine used in the LF-A supercar, to rival BMW M5. Now apparently Lexus has responded to this by tweeting! They say that the V10 is bespoke to the LF-A and won’t be used in any other car. They didn’t comment on the existence of GS-F though.

So as it’s usually the case, there must be a GS-F in the works but it certainly won’t be getting the V10. This makes more sense actually, because as we’ve reported earlier, BMW will replace theV10 engine of the M5 with a twin-turbo V8 in the upcoming model. Mercedes too has plans to drop the big and thirsty V8s in favor of more efficient turbo engines, so even if Lexus is to rival the M5 or E63, they would come up with something in the same league.

And as a side note, the GS’s face is too dull for a weapons-grade V10 such as LF-A’s 4.8 liter! It looks good as a hybrid, but as a performance saloon?! The M5 will eat it for breakfast!