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Rod's rare Lamborghini up for sale

A RARE LAMBORGHINI once owned by Rod Stewart is being sold - for nearly £1 million. The singer bought the two-door Lamborghini Miura P400S brand new in 1971, when it did 0-60 mph in 6.7 seconds with a top speed of 171mph - the fastest road car of its kind in the world at the time. The pristine four-litre blue sports car with silver trim has recently undergone a £100,000 restoration and is being sold on AutoTrader for £899,999.

GM EN-V concepts (w/ Gallery)

General Motors, and its Chinese partner SAIC, revealed three two-seat personal mobility concepts in Shanghai today. Called the EN-V – an acronym for Electric Networked-Vehicle – the Xiao (Laugh), Jiao (Pride) and Maio (Magic) models embody different characteristics for future transportation. The Jiao (top image) was designed at GM Europe while the Miao (bottom left) was created at GM's Advanced Design Studio in California, and the Xiao (bottom right) was designed by GM Holden's design team in Australia.

Porsche threatens to pull Boxster production from Magna

Porsche is considering canceling an existing contract with Magna to build the next-generation Boxster and Cayman in Austria starting in 2013 and may instead move production to Karmann in Germany. The move would be aimed at protecting Porsche's closely guarded engineering and production cost secrets for its upcoming entry-level roadster and coupe. Porsche insiders say plans established under former boss Wendelin Weideking to build the Boxster and the Cayman at Magna's Graz factory in Austria are now being heavily reviewed following the Canadian/Austrian company's bid to take control of financially embattled Opel from General Motors.