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GM's Bob Lutz put off retirement and put life back into a sagging lineup

Originally published: Sept. 14, 2008 Editor's note: This story comes from 100 Years: How General Motors Changed the World, published by Automotive News to commemorate the 100th anniversary of GM. In 2001, with seven years left to go in General Motors' first century, CEO Rick Wagoner knew that his product lineup badly needed upgrading if the company was going to have a second hundred years.

Lamborghini Aventador LP720-4 50 Anniversario heading for Shanghai

So, even though the Veneno was the Lamborghini 50th Anniversary car at this year’s Geneva Motor Show, it looks like Lamborghini is having a second ’50th Anniversary’ special up their sleeves – the Lamborghini Aventador LP720-4 50 Anniversario. According to Carscoops, the Lamborghini Aventador LP720-4 50 Anniversario will debut this weekend at the Shanghai Motor Show as a limited run of just 100 cars to add an extra celebratory veneer to Lambo’s 50th year as a supercar maker. The LP720-4 50 Anniversario comes in an eye-catching bright yellow - Giallo Maggio – with a black aerodynamic package to contrast that includes a new front apron, diffuser and skirts.

Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.