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Lamborghini Aventador LP700-4 (2011) at 2011 Geneva motor show

This is the Lamborghini Aventador LP700-4, the new V12 supercar from Sant’Agata. After months of speculation, leaks and drip-feeding, the Lamborghini Aventador LP700-4 has finally been unveiled on the eve of the 2011 Geneva motor show at the VW’s Group pre-show party. It features an all-new 6.5-litre engine, a carbonfibre chassis and stunning looks.

Saab’s Jan Åke Jonsson retires, 2010 earnings & deals in Russia & China

Saab's CEO Jan Ake Jonsson to retire after almost 40 years with Saab It’s been a difficult period at Saab, what with trying to survive as GM came close to closing the Swedish car maker down in the absence of a ‘suitable’ buyer, through being taken over by Spyker and then trying to replace their entire range. And it’s taken its toll on Saab boss Jan Åke Jonsson. It’s been announced that – after nearly 40 years with Saab – 59-year old Jan Åke will step down from his job in May and hand the reins over – temporarily – to Spyker’s Victor Muller until a replacement can be found.

Europe's Car of the Year 2011 shortlist announced

The 41 contenders for Europe's 2011 Car of the Year trophy have been whittled down to the final seven as the European CoTY shortlist is announced today. The winner will be voted for by 59 of Europe's most influential motoring journalists, including two CAR writers: editor Phil McNamara and European editor Georg Kacher. The 2010 winner - by just 10 points ahead of the Toyota iQ - was the Volkswagen Polo. Like the Eurovision Song Contest, Car of the Year has proved controversial in the past with accusations of block-voting and blind patriotism, yet the award remains one of the most prestigious in the motor industry.