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Lexus IS 250C launches

The Lexus IS 250C launched in Japan this week - and will reach the UK in July The IS Convertible comes in two flavours – the Lexus IS250 C and the 350C – although the initial launch is just the IS 250C. The IS 350C will launch later in the year. Lexus has been working on the IS Convertible for some time, and is aiming it straight in the sites of similar offerings from both BMW and Audi.

Spyker in negotiations to sell its sports-car business to focus on Saab

Spyker Cars said Thursday it is negotiating to sell its sports car business to a company controlled by Russian billionaire Vladimir Antonov. Spyker, which bought Saab from General Motors Co. a year ago, said it has signed a memorandum of understanding to sell Spyker's assets to U.K.

Bye bye Maserati Kubang – hello Maserati Cinqueporte?

Maserati Kubang being retired from view Maserati has decided that now the world has seen its Kubang Concept it’s going to retire it from public view ahead of a production reveal. The Maserati Kubang is the concept for an SUV that’s been doing the motor show rounds since it arrived at Frankfurt last year. Currently on show in Beijing, it appears that the trip to China will be the last outing for the Kubang as a concept as Maserati are getting ready to show a production version – but not just yet.