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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.

GM awards small-car production to Michigan plant

General Motors will make its new subcompact car in Orion Township, Mich., the automaker said Friday, dashing hopes in Spring Hill, Tenn., and Janesville, Wis., that the small car would keep one of their factories alive. Stamping for the new car will take place in Pontiac, Mich., GM said in a statement. The small car, which GM said it plans to start producing in 2011, will save about 1,200 jobs in Orion and 200 in Pontiac.

Spyker B6 Venator Spyder concept to debut at Pebble Beach

The Spyker B6 Venator Spyder Pebble (B6 Coupe pictured) looks to be heading for a debut at Pebble Earlier this year we managed to trawl through the rather dry annual report from Spyker and discovered that plans were afoot for a Spyder version of the B6 Ventador Concept we first saw at the Geneva Motor Show in March. We managed to follow that up with the news that we’d heard a convincing whisper that Spyker were planning to give the Venator Spyder a full public debt at Frankfurt in September, but ahead of that would reveal the B6 Spyder to attendees at this year’s Salon Prive first. That whisper has now been given additional credence with a report from Autoblog that a voice in Spyker has revealed that the B6 Venator Spyder will actually get its first outing at Pebble Beach in less than three weeks.