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Lamborghini LP640 Roadster (2006): first official pictures

By Phil McNamara First Official Pictures 29 November 2006 11:10 Lamborghini LP640 Roadster: the lowdown Lamborghini has given its flagship Murcielago – the LP640 – the open top treatment. Conceptually, the Roadster offers no surprises, but its spec is no less breath-taking and its looks truly put the super into supercar. Named after the power output of its uprated V12 in PS, the LP640 has numerous cosmetic tweaks including revised rear lamps and bespoke 18inch rims, and a thorough engineering overhaul.

Crunch watch Dec 08: the auto industry in crisis

By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.

GM to invest $2 billion in 17 plants

General Motors said Tuesday that it will invest about $2 billion in 17 plants across eight states in the United States. "We are doing this because we are confident about demand for our vehicles and the economy," GM CEO Dan Akerson said in a statement. Akerson made the announcement at GM's transmission plant in Toledo, along with Ohio Gov.