Porsche to build small SUV as board backs model expansion

STUTTGART, Germany (Bloomberg) -- Porsche AG approved plans to develop a small sport-utility vehicle called the Cajun as the manufacturer aims to increase annual sales by adding models. The company's supervisory board today signed off on the new model, which will be smaller than the Cayenne SUV, Porsche's best-selling vehicle, the Stuttgart, Germany-based automaker said in a statement. The Cajun will be the manufacturer's fifth model line alongside...

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Lamborghini sees sales dip before new supercar launch

The Murcielago is Lamborghini's best-selling 12-cylinder car, with more than 4,000 delivered in nine years.MILAN (Reuters) -- Lamborghini ceased production of its high-performance Murcielago six months ago and will not see sales pick up again before the second half of 2011 with the launch of a successor supercar, its CEO said on Friday. Lamborghini, a unit of Volkswagen AG's Audi, ended production of the $400,000 Murcielago in May in a move that...

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Chevy Volt named Green Car of the Year

GM marketing chief Joel Ewanick poses with the Chevrolet Volt at the Los Angeles Auto Show today after the plug-in electric car was named Green Car of the Year today.  LOS ANGELES (Reuters) - The Chevrolet Volt plug-in electric car, the centerpiece of a revitalized General Motors Co., was named 2011 Green Car of the Year today during press previews at the Los Angeles Auto Show. The highly anticipated Volt received the industry's top environmental...

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Paris Preshow: New Porsche 911 Speedster

The recently introduced 408HP 911 GTS (read more here) in Coupe and Cabriolet forms won’t be the only newcomers at Porsche’s Paris Motor Show stand. According to our insiders, the Stuttgart-based sports car maker will also stage the world premiere of the long-rumored 911 Speedster based on the current 997 series. The last time Porsche offered a Speedster variant of the 911 was back in the early Nineties with the 964-based model (see photos below)....

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Spied: 2010 Maybach 62 facelift

Since its 2002 introduction, the Maybach 62, and its smaller sibling, the 57, have been relatively unchanged. For the 2010 model year, the cars will receive a minor refresh, which should carry the car until at least 2013. Spy photographers on Friday snapped some up-close shots of a 2010 62 prototype, with a number of changes visible. The modifications are similar to those Mercedes is giving to Maybach  smaller cousin, the S-Class. Namely:...

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Maybach to survive with new S-Class platform, new models on the way

It has been reported numerous times that Daimler AG’s Maybach brand will soon die after being starved of new products. That might not be the case anymore with some new leadership in town and some new products in the pipeline.Daimler board member, Joachim Schmidt, who was recently brought back to run Daimler’s sales and marketing, apparently sees plenty of new opportunities for Maybach vehicles in China, North American, Middle East and Russia. Current...

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2010 Lamborghini reemphasizes its dedication to carbon fiber, reducing weight

Since all eyes are on McLaren Automotive, MP4-12C and their desire to take on the supercar market, Lamborghini is making sure that it isn’t losing the limelight. The Italian supercar manufacturer has announced its continuous dedication to the construction of lightweight vehicles and improving power-to-weight ratios.The company will be the guest of honor at the 2010 JEC Composites Forum in April, the first time it’s participating in the event.Lamborghini...

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Paris 2010: Lamborghini Sesto Elemento Concept in detail

night we gave you the first look at Lamborghini’s new Sesto Elemento, a concept car that demonstrates the company’s latest technologies. At the time we didn’t have the opportunity to get a close look at many of the car’s details, but we’re making up for it today with plenty of new photos and more info.Lamborghini Sesto Elemento Concept, rear viewIf there’s one thing that caught our attention about the Sesto Elemento, it’s the weight. Lamborghini...

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