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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.

Fiat 500 in New York

The Fiat 500 on Wall Street - Image by AP Fiat has obviously taken a good look at what BMW has managed with the MINI and thought ‘We can do that’. After all, the Fiat 500 is a car very similar in concept to the MINI. Designed to evoke a motoring icon, but made very much 21st century in its execution, both the MINI and the Fiat 500 have gone down a storm in Europe.

Lamborghini Veneno Roadster gets its public debut on an Aircraft Carrier in Abu Dhabi

The Lamborghini Veneno Roadster (pictured) debuts in Abu Dhabi Depending on your point of view, the Lamborghini Veneno Roadster is either the summit of Lamborghini’s extreme cars or a cynical exercise to milk cash from those with more money than sense. An open-topped version of the equally cynical Lamborghini Veneno Coupe, Lamborghini say the Roadster has the aerodynamic efficiency of a racing prototype thanks to its perfect airflow and downforce and its stiff and light CFRP monocoque and body panels. But at £3.35 million, the Veneno Roadster costs ten times the equivalent – and just as quick – Aventador Roadster, so you’re paying a huge premium for one of the nine Veneno Roadsters Lamborghini are planning to build in 2014.