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Lamborghini Aventador roadster revealed

The much-anticipated Lamborghini Aventador roadster is joining the supercar stable of the famous Italian purveyor of performance. The LP 700-4 Aventador roadster will cost in the neighborhood of $445,300, and it can be ordered at any Lamborghini dealership. It follows the one-off Aventador J (for Jota) that was revealed this spring at the Geneva motor show.

UAW, Fiat likely to hold key stakes in new Chrysler

The UAW and Italy's Fiat S.p.A. could be Chrysler LLC's leading shareholders if the struggling U.S. automaker wins the concessions requested by President Barack Obama's automotive task force by April 30, a source close to negotiations told Automotive News today.

‘Old Pang’ spends another €15 million at Saab

Pang Qing Hua - Pang Da boss - thinks Saab are 'Great, great, great'! The ‘Old Pang’ bit isn’t our derogatory name for the head of China’s Pang Da – who are busy getting in to bed with Saab – but is how the Beijing Times referred to Pang Da boss Pang Qing Hua on his return from Saab;  ’Old Pang Returns from Sweden’, they said. We have no idea how old Pang Qing Hua is, but he’s old enough to have amassed a few bob from owning a huge car distribution network in China, and is flush with cash from a recent floating.