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Bristol in administration: sale expected in days

Bristol Cars could be sold within days, as the administrators are in exclusive talks with one bidder, CAR has learned. Several parties expressed an interest in the failed car maker, which collapsed into administration on 3 March 2011. Recovery specialist RSM Tenon is handling the sale and has reported a flurry of interest in Bristol Cars.

Facelifted Lexus GX 460 gets price cut for 2014

Lexus has just released pricing for its refreshed GX 460 SUV, or LUV as Lexus likes to call it, for Luxury Utility Vehicle. The most noticeable change on the outside is the updated corporate fascia in the form of the Lexus spindle grille, though the freshened GX 460 also gets LED headlights, along with daytime running lights and available LED fog lights. More importantly, the GX 460 will get a $4,710 price cut.

Lamborghini reports drop in profits

Lamborghini has announced a pre-tax loss of £32m for 2009 as the world recession led to a slump in supercar sales. Lambo delivered 1515 supercars last year, down 38% from 2008's 2430.  Turnover dropped 41% to £215m. It's a far cry from the dizzy heights of the boom years.