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Lamborghini LP560-4 Superleggera coming?

What appears to be a Lamborhgini LP560-4 Superleggera out testing But if the photo above is anything to go by it looks as if Lamborghini is planning a Superleggera version of the LP560-4 sooner rather than later. Which would work out pretty well for Lamborghini as they have rashly declared that they will deliver a new car at every road show, and with the replacement for the Murcielago cars – LP640/LP650-4/LP670-4 – still some way off, this could be a  good solution. They’ve run out of new cars for shows after revealing the Lamborghini Reventon Roadster this week at Frankfurt, so they need to get a bit of a hustle on before the next major show if they’re going to keep their promise.

Chrysler first-quarter profits down

Chrysler Group said net income fell to $166 million in the first quarter as costs of two large product launches crimped the automaker's seventh consecutive quarterly profit. Profit fell 65 percent from the $473 million posted during the same quarter of 2012, Chrysler said in a statement today. First-quarter revenues dropped 6 percent to $15.4 billion.

Alfa faces product freeze under a review of the struggling brand

Fiat S.p.A. could freeze new investment in Alfa Romeo under a strategic review of the money-losing brand ordered by CEO Sergio Marchionne. A product freeze is one of two alternatives that Fiat is considering to end years of losses and declining sales at its sporty premium brand.