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Lamborghini Aventador LP700-4 is sold out for more than a year
Wed, 23 Mar 2011The 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.
Citroën to unveil flagship model in Beijing
Tue, 20 Mar 2012Citroën has released two teaser images for a new luxury flagship model to be unveiled at the Beijing motor show next month, as part of its efforts to reposition the brand further upmarket with its DS model range. The car, which is to be the automaker's fourth and largest model in its DS range, appears to be a direct descendent of the Citroën Metropolis Concept, first seen at the Shanghai World Fair in 2010. Although it is unclear whether or not the model seen in the pictures will be the production version of the Metropolis, the two clearly share many design features.
American Suzuki to pull out of U.S. auto market, file Chapter 11 bankruptcy
Mon, 05 Nov 2012American Suzuki Motor Corp., beset by low sales, cutthroat competition and unfavorable foreign exchange rates, said it will pull out of the U.S. auto market and file for Chapter 11 bankruptcy protection. The company, in a statement today, said it will continue its motorcycle and marine engine business units and will continue to honor customer warranties.