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GM pays back government loans

General Motors Co. said it has repaid the U.S. and Canadian governments $5.8 billion for loans that helped fund the U.S.

McLaren P1 supercar (2012) first official pictures

Forget the abstract fluorescent light show teaser released earlier this month, because we’ve got official pictures of McLaren's latest supercar challenger. It's called the P1 and it certainly gives food for thought to those who were disappointed by the MP4-12C's styling. The F1 successor was formally codenamed the P12 ahead of its official release, but it seems McLaren is confident the P1 will put it in pole position among the super sports cars on the way from Ferrari and Porsche.

Lamborghini Huracan: OFFICIAL

Lamborghini Huracan: OFFICIAL It’s always an event to see the arrival of a real new model from Lamborghini – rather than a tititavtion of an existing model – and the reveal of the Lamborghini Gallardo’s replacement is even more joyous as it brings to an end the daft attempt at a viral tease Lamborghini embarked on with the Hexagon Project. So here we have it – the Lamborghini Huracan LP-6104 – with styling that evolves to be more flowing – and more like the Aventador – all-wheel-drive and 602bhp from its 5.2 litre V10. Underpinning the Huracan is a new platform – that will also underpin the next Audi R8 – mixing aluminium and carbon fibre but, unlike the McLaren 12C, doesn’t make use of a carbon fibre monocoque.