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Lamborghini Murcielago waves good-bye

It was a fitting farewell to one of the most audacious Lamborghinis ever built. A group of the most iconic V12 cars ever to put rubber to asphalt gathered at the factory in Sant'Agata Bolognese, Italy, for a special exhibition before escorting the last Murcielago, an LP 670-4 SuperVeloce, out of the Lamborghini Museum in a symbolic last ride. The 350GT was in attendance at the event, as was the futuristic Miura, a Countach and the fire-breathing Diablo, among others.

BMW's Project-i will build 'premium vehicles'

By Ben Whitworth Motor Industry 05 March 2009 16:02 BMW’s much vaunted Project-i will adopt a radical new approach to mass transport for growing urban populations – but only for those that can afford it. 'These vehicles will be premium vehicles,' Project-i leader Dr Ulrich Kranz told CAR at the Geneva motor show. 'They will not be Tata Nano rivals – no way!

Norwegian EV maker Think files for bankruptcy

Tiny electric car maker Think Global AS filed for bankruptcy today in its home market of Norway after attempts to keep the company going through recapitalization and restructuring failed, the company said in a statement. It is the fourth time Think has collapsed financially in its 20-year history. "We needed some additional funding and although we had interested investors they were not able to come to the table quickly enough," Think spokesman James Andrew told Automotive News Europe.