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Lamborghini Gallardo replacement touted for Frankfurt motor show debut

September's Frankfurt motor show will see Lamborghini cap its 50th anniversary celebrations with a new concept car. The concept previews Lamborghini's upcoming replacement, sources close to the Italian supercar maker said. Rumor has it the car will be called the Lamborghini Cabrera.

London is parking charge capital of the world

We already know London is home to more multimillionaires than any other city in the world, but given the cost of living in our capital, this is hardly surprising. And now, to further highlight London’s increasingly extravagant status, it turns out it’s the most expensive place in the world to park your car as well. On Bing: see pictures of car parks in London UK car parks now accepting conkers as payment.

D-day for General Motors: GM files for bankruptcy

By Tim Pollard Motor Industry 02 June 2009 06:57 General Motors today faces the humiliation of collapsing into bankruptcy. It marks the 1 June deadline imposed by US president Barack Obama for the General to sort out its business – or seek protection from creditors in the bankruptcy courts. As we’re all too painfully aware, GM has been unable to perform miracles, triggering one of the greatest industrial collapses seen in American corporate history.