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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.

Lotus Elise Club Racer Launched

The Lotus Elise Club Racer Lotus may have plans to be the next Aston Martin, but for now it’s stuck with an Evora that’s not selling as well as it should and an Elise that is basically the same as the car that launched a decade ago. The plan with the Evora – apart from the rather odd move of getting Mansory to tart up an Evora – is to get the Germans in to give the Evora’s interior some class. As for the Lotus Elise, all there really is to do – because it has a hard-core clientele anyway – is to divvy up the odd special.

Production BMW i3 EV teased ahead of reveal

BMW are teasing the production version of the i3 with this silhouette We’re sure there will be a few surprises in store when BMW finally reveals the production version of the electric i3 at the end of July, but does it really warrant a tease? The small BMW i3 City Car has been around since BMW revealed it as a concept (and changed its name from Megacity Vehicle to i3) two years ago. And the production i3 will be revealed two years to the day from the arrival of the i3 concept, on 29th July.