It's that time of year where everyone's prognosticating like Nostradamus about what the coming year will hold. The authoritative ink slingers at Automobile magazine have decided that Audi's R8 deserves the dual honors of 2008 Automobile Of The Year and Design Of The Year, as well. While infused with the generous spirit, Automobile named General Motor's Two-Mode Hybrid rig Technology Of The Year.

The R8 is Audi's sports/GT that looks like a supercar and radiates a glow across the entire Audi model line. Not only does it have neck-snapping visual presence, with a 420 horsepower V8 between the axles, there's a deep well of accelerative force to go along with a finely-tuned AWD chassis that doesn't scramble the occupants. Park the R8 next to some rosso italiano, and the lithe German with its metal side blades, straked vents front and rear, and muscular stance might just steal all the thunder.

Big trucks that return 20mpg in the city have been about as realistic as Tinkerbell, until now. General Motors partnered with BMW and the artist formerly known as DaimlerChrysler to develop a flexible hybrid architecture for a wide variety of applications. The second-generation system, with lots more transmission trickery added to the bag of fuel-saving techniques, is allowing the GMT900 platform to post city EPA mileage numbers not far behind four-cylinder midsizers. Because of the system's joint development, we should start seeing this hardware popping up in a variety of different vehicles soon. We're sure that not everyone will agree with Automobile's picks, so fire away with your own suggestions.

Press release after the jump.

Continue reading Automobile names Audi R8 top car for '08; GM wins for hybrid tech