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The British are here: Video shows arrival of the McLaren MP4-12C

The McLaren MP4-12C has been on the road for a few months, but McLaren has now released a video celebrating the arrival of its latest supercar. Watch as the first of many MP4-12Cs roll off at the Port of Baltimore and make their way across America. The video also mixes in clips of former Formula One world champions Lewis Hamilton and Jensen Button juxtaposed driving their race cars.

New Volvo Concept at Geneva Motor Show. But what is it?

The Volvo XC Coupe Concept (left) and Coupe Concept will be joined by a third concept at Geneva Now Volvo has its new Scalable Product Architecture (SPA), and its new Drive-E engine range, heading for production they’ve been planning three new concepts to show off the possibilities the new architecture and engines promise. The first of those was the very appealing Volvo Concept Coupe which debuted at the Frankfurt Motor Show last year as a 21st century take on the classic Volvo P1800. With stunning looks, a new nose evolved from the earlier Concept You, floating grill and slim headlights, the Concept Coupe also came with a 4WD drivetrain powered by a 2.0 litre petrol and an electric motor for an output of 395bhp.

Lamborghini reports drop in profits

Lamborghini has announced a pre-tax loss of £32m for 2009 as the world recession led to a slump in supercar sales. Lambo delivered 1515 supercars last year, down 38% from 2008's 2430.  Turnover dropped 41% to £215m. It's a far cry from the dizzy heights of the boom years.