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Lamborghini Jota: Tease 2

The second teaser for the Lamborghini Jota Lamborghini are committed to showing a new car at every major motor show over the next two years. Which for a car maker with a basic range of just two cars is a pretty tall order. But to make their lives a little easier Lamborghini has decided that ‘New’ means new variant as well as new model.

Jaguar F-Type to get manual gearbox

Jaguar’s Adrian Hallmark has revealed that Jaguar’s new manual gearbox will be heading in to the new F-Type. They’ve gone because the slush boxes of old have been replaced by new, double clutch boxes that actually give better performance and better economy than a driver with a left foot in action. But still, the yearning for the control and feel of a manual ‘box remains at the core of the driving experience.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.