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Mitsubishi CEO pledges to stay in U.S., wants to quadruple sales

Mitsubishi Motors Corp. President Osamu Masuko says the company won't pull out of the U.S. market and that his personal mid-range sales target is 200,000 units a year, or roughly four times today's level of 50,000.

2013 Porsche Cayman: LA Auto Show (video)

The 2013 Porsche Cayman has arrived at the Los Angeles Auto Show with more power, less weight, better economy and is lower and longer than the old Cayman. The new Cayman gets a redesigned platform that manages to improve weight distribution and drops weight too. It also means that the Cayman changes shape too (well, as much as a Porsche ever does) and grows by 35mm in length and sits 10mm lower too for an even more Boxster-like look.

Lamborghini 50th Anniversary Car: The tease begins – sort of (video)

With the promise of a new car to celebrate 50 years, Lamborghini is ramping up interest in its half century anniversary with a history and tease video. With 2013 seeing the 50th Anniversary of Lamborghini’s arrival as a maker of supercars, we have the promise of a new car to celebrate the occasion. Last month Lamborghini boss, Stephan Winkelmann, confirmed that Sant’Agata would be rolling out a new car to celebrate the 50th anniversary, but what we don’t yet know is what that new model will be.