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Lamborghini plans LM002 successor

By Georg Kacher Motor Industry 27 November 2006 10:48 Lamborghini has finally cast its new plans in stone, after much heated debate. And the plan is to replace the core supercars, before adding an SUV to the range. Although the Bologna-based sports car maker is now writing its balance sheets in black ink, the modest funds still don't suffice to generate a new standalone model like the proposed Espada - at least not for the time being.

Going green is the new black

When hearing the term “luxury vehicle,” it’s safe to say your mind doesn’t automatically jump to phrases like “fuel-efficient” or “environmentally friendly.” Let’s be honest: Owning a gas-guzzling speed machine dressed to the nines inside and out is a serious status symbol in most cultures. But there’s a new trend taking over the luxury automotive world, and it’s covered in green. The demand for high-end hybrid cars is on the rise, not only for their notable mileage boost and decreased emissions, but also for the social gains of adopting the green technology.

Saturn alerts customers it is considering a spinoff

Saturn has begun alerting customers that it may be spun off by General Motors as an independent marketing and distribution company. In a letter sent to about 1.5 million Saturn owners Wednesday night, Saturn said it would have to line up products to sell--either from other manufacturers or from GM in the role of a vendor--after GM's current commitment to build Saturn products ends after the 2012 model year. "The Saturn Distribution Corporation already exists as an indirect subsidiary of GM," wrote Jill Lajdziak, general manager of Saturn, in the letter.