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Lamborghini reports drop in profits

Lamborghini has announced a pre-tax loss of £32m for 2009 as the world recession led to a slump in supercar sales. Lambo delivered 1515 supercars last year, down 38% from 2008's 2430.  Turnover dropped 41% to £215m. It's a far cry from the dizzy heights of the boom years.

New Jaguar XE London reveal on 8 September – more XE details revealed

The new Jaguar XE will be revealed in London in September The new Jaguar XE – the new smaller Jaguar that aims to take the fight to cars like the BMW 3 Series and Mercedes C Class – will be revealed in London on 8th September, and Jaguar are promising the new XE will be “true sports saloon with class-leading dynamics, refinement and technology”. Jaguar want us to see the XE as a spiritual successor to the Mark II Jaguar, a car that redefines the sports saloon and is a proper drivers car. It’s a big aim, but it looks to have a lot of promise.

Mercedes design boss speaks out

By Tim Pollard Motor Industry 22 January 2007 09:40 We spoke to Mercedes design boss Peter Pfeiffer at the recent Detroit Motor Show – and asked him about the future strategy at the Stuttgart company. We had a discussion last year about the current Mercedes-Benz line-up. Mercedes has a very strict design and the idea came up to do a forward-looking car.