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Maserati Kubang

Maserati today unveiled its new Kubang sport luxury SUV, the Italian brands's first foray into the segment. The Kubang, making its debut at the Frankfurt motor show, is said to be the forerunner of the future Maserati range. Previously revealed in concept form at the 2003 Detroit motor show, Maserati claims the production version of the Kubang maintains the main features of its concept precursor, such as the style, engine, suspensions, brakes, handling and performance. The manufacturer has for years been producing sedans, coupes and two or four-seater convertibles, but the Kubang is the first of its kind to be created by Maserati.

SEMA buys Performance Racing Industry

The Specialty Equipment Marketing Association (SEMA) on Tuesday finalized plans to purchase Performance Racing Industry, and the transaction will close later this month. John Kilroy, who has experience as editor and associate publisher of PRI Magazine and as vice president of the organization, will continue to lead it. For now, according to representatives from SEMA, it's business as usual.

Lotus supermini 'here in October 2013' - Bahar

Lotus's proposed supermini has been approved and will be built in partnership with parent company Proton and a third car manufacturer, Lotus chief executive Dany Bahar has told CAR. 'Our city car has been confirmed and will be launched in October 2013,' he said. 'We are doing this together with Proton and another OEM [original equipment manufacturer, or car maker].