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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.

Daimler takes 10 percent stake in EV maker Tesla

Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.

Opening day auction results from Monterey

In results gathered by Hagerty Insurance, $5.8 million worth of cars, trucks and motorcycles were sold Thursday at auctions on the Monterey Peninsula. A total of 190 of 323 lots were sold, for a sell-through rate of 59 percent. The average selling price was $30,511.