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Russia gets its first Lamborghini dealership

While luxury supercars have been a status symbol of the new upper class in Russia, owners often have resorted to buying secondhand or going out of the motherland for their latest top-dollar vehicle acquisitions. Automobili Lamborghini is betting on the continued strength of the Russian market by opening its first dealership in that county in conjunction with the Burevestnik Group, a luxury-automobile and yacht company, in Moscow. “We are very proud of representing Lamborghini in Moscow,” said Andrey Lomakin, co-owner of the Burevestnik Group.

Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.

Samsung SM5

Samsung Motors, the Korean subsidiary of Renault-Nissan Alliance, recently released the newly-redesigned SM5 sedan for the Korean domestic market. Based on the Nissan Teana, the SM5 is the second best-selling vehicle in Korea's D1 segment, ceding the top spot to Hyundai's Sonata. The most significant change to the exterior design is visible around the front bumper region, where the strong 'chin' (lower section of bumper volume) displays both solid and aggressive styling cues when viewed from the front.