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Rolls Royce to set up shop in South America

Rolls Royce showrooms planned in South America The paradox of the current economic malaise  is that luxury goods – and luxury cars in particular - seem immune from the problems of the mainstream. Rolls Royce – to many still the epitome of luxury motoring – is doing very well, and is now planning an expansion in to South America. The cynical may say that Rolls Royce want a piece of the drug money floating round South America in their coffers, but South America is far more than a bunch of drug barons freely spending illicit cash.

Final Bugatti Veyron 16.4 spoken for

If you've always wanted a new Bugatti, you'll have to settle for the Grand Sport: All 300 cars in the Bugatti Veyron 16.4 model run have found homes, the last one having been ordered by a European customer who will take delivery next autumn. The Veyron came to life in concept form at the Tokyo motor show a year after the Volkswagen Group bought the rights to the Bugatti name in 1998. The Veyron was the first production car to have a full carbon-fiber monocoque, and its 8.0-liter W16 engine produced 1,001 hp and 922 lb-ft of torque, mated to a seven-speed twin-clutch gearbox.

Hyundai drops out of shrinking Tokyo auto show

The incredibly shrinking Tokyo auto show just got even smaller. Hyundai Motor Co., the last major foreign automaker which was scheduled to participate in next month's show, has decided to pull out with just weeks to go, organizers say. “Hyundai called last week and orally confirmed their intent to cancel,” said Toyokazu Ishida, who administers the international exhibition for the Japan Automobile Manufacturers Association.