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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.

Bahrain F1 win for Button & Brawn GP

Button wins for Brawn GP in Bahrain - the third win of the F1 season for Button/Brawn GP [ad#ad-1] It looked after practice and qualifying that Brawn’s measure had been acquired; at least by Toyota and  Red Bull. After all, the best Brawn could manage was fourth on the grid with Button, and a front row lock-out by Toyota, and Vettel’s third on the grid, seemed to strike a note of reality for this years F1 season. Those who condemned Brawn’s early success this year called it luck.

Citroen C-XR concept looks like Citroen’s take on the Peugeot 2008: Beijing Motor Show

The Citroen C-XR Concept (pictured) debuts in Beijing The Citroen DS 6WR was revealed last week as a new SUV heading for the Beijing Motor Show, but it turns out it’s not the only Citroen SUV making a debut in Beijing. The Citroen C-XR concept – a creation of the joint venture between Citroen and China’s Dongfeng – has also been revealed as a compact SUV / Crossover, and looks like the Citroen take on the Peugeot 2008. With styling that says more SUV than Crossover – added butch bits, wide chunky nose and a statement grill – the C-XR looks production-ready, and although Citroen has done what it can to make the C-XR look like a proper SUV it appears it won’t be getting 4WD.