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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.

GM to retool factory for new Impala

General Motors plans to idle the plant where it assembles the Chevrolet Volt plug-in hybrid for four weeks starting next month to retool for production of the all-new 2014 Impala and a small number of 2013 Malibus. GM will close its Detroit-Hamtramck plant from Sept. 17 until Oct.

Spyker attempting to sell Saab real estate in money-raising move

The next chapter in the Saab cash crunch appears to involve Spyker selling Saab real estate to an unnamed financial institution, with the automaker leasing the property back for its operations. Saab has been forced to shut down production twice in the past few weeks in the wake of unpaid supplier bills, raising concerns that Dutch owner Spyker may be facing a liquidity crunch. The latest move is likely aimed at freeing capital for the automotive operations while the company negotiates for a loan with the help of the Swedish government.