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The first Volkswagen Beetle in America looked like this

On Jan. 17, 1949, the Holland America Line Westerdam pulled into New York Harbor from Rotterdam carrying the seed of an automotive empire. It had been only four years since Volkswagen resurrected operations in Wolfsburg, the factory heavily ruined by Allied forces and now under the command of Major Ivan Hirst.

Lamborghini Aventador LP700-4 is sold out for more than a year

The sleek, angular Aventador LP700-4 from Lamborghini wowed showgoers in Geneva, and it's impressing potential buyers. Lamborghini said on Wednesday that it has received more than a year's worth of orders for the Aventador, which stickers for $379,700, including the gas-guzzler tax, in the United States. It arrives in the second half of this year.

Saab increase pay for Board members as Swedish Debt Office circles

Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.