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Remember this day in GM history: The next century of automotive success starts now

President Obama's administration made history today with what some see as nothing short of government meddling in the affairs of big business. What I see is something else: I see the administration showing that it is serious and raising the level of concern from yellow to orange. Now there is a firm deadline and a message to bondholders, United Auto Worker union members and the American public: Do not be surprised if in the next 30 days--or even sooner-General Motors files for a controlled bankruptcy.

Lamborghini Aventador LP700-4 is sold out for more than a year

The 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.

Chrysler 300 gets luxury upgrades

The Chrysler Group rolled out its latest entry for the lucrative "black car" market on Tuesday, revealing new "Luxury Series" editions of its flagship Chrysler 300 sedan that add new interiors to recent powertrain additions. The new versions feature leather-wrapped interior components. The vehicles also have heated steering wheels with special die-cast paddle shifters and wood trim, according to a Chrysler statement.