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Lamborghini SUV (MLC) revealed in New York

Lamborghini SUV: The Lamborghini MLC revealed in New York Lamborghini’s SUV – which we expect to be the Lamborghini MLC – has been revealed to a select audience at the New York Motor Show. The Lamborghini SUV  is already confirmed for a reveal at the Beijing Motor Show later this month. But that hasn’t stopped Lamborghini from revealing their SUV at the New York Auto Show, albeit to just a handful of select guests.

Newsflash: Magna 'agrees to buy GM Europe': latest news

Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.

Ultra rare Ferrari 250 TR up for auction

Ferrari 250 TR – Expected to sell for a world record price when it is sold by RM Auctions Classic cars is a fascinating game. At the bottom end there’s a huge range of cars from the ’60s and ’70s that can now be considered classics, and which can offer a whole heap of fun and thrills on a budget, particularly if you don’t mind getting your hands dirty. But at the top end it’s a whole different game, and prices are not in thousands of pounds, but millions.