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Kia CUB Concept heading for Seoul Motor Show

An new Kia Concept – the Kia CUB – is heading for the 2013 Seoul Motor Show and is a compact four-door coupe with added funk. As Kia moves more upmarket its concepts become more convincing. Recently, we’ve had the Kia GT – a high-end, powerful swoopy coupe that looks like it’s heading for production – and the Kia Provo which caused consternation in Northern Ireland but looks equally likely to head in to production as the Kia take on the MINI Countryman or Nissan Juke.

Lamborghini's sixth Paris 2010 teaser photo

It's a shot of an exhaust pipe, which exits the concept car just below the support for the rear wing. We've now seen all six images, and they've shown everything from vents in the bonnet to stylish flourishes atop the V10 engine, plus glimpses of the interior and what appears to be a carbonfibre wheel. The concept car is expected to be almost completely carbonfibre, very light and Gallardo-powered.  Why is Lamborghini showing such a car?

Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.