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Lamborghini Sesto Elemento is official – just 20 to be built
Sat, 17 Sep 2011Lamborghini Sesto Elemento - it's official Perhaps the worst-kept secret at Lamborghini has been production confirmation of the Sesto Elemento, the ultra lightweight supercar Lamborghini revealed at the Paris Motor Show this time last year. As long ago as November last year we had the news that the Sesto Elemento would go in to production after a French car news site reported that Lamborghini would be building a very limited run of the cars at €2.5 million each. By May of this year we knew that Lamborghini had already started getting the Sesto Elemento ready for the first customers, and we reported that the first cars would be heading for customers by October this year at a more reasonable €1.9 million – although that’s October in Italian terms, so anything up to next Spring is possible.
Saab signs deal with second China partner
Mon, 13 Jun 2011Saab has agreed to China's Zhejiang Youngman Lotus Automobile Co. taking an equity stake in the company as part of a distribution and manufacturing joint venture. Saab and its owner Spyker Cars NV signed a deal with Chinese car distributor Pang Da in May worth up to 110 million euros that involved setting up a joint venture with Spyker and a partner in China to start making Saabs in China within two years.
General Motors names Docherty as LaNeve's replacement
Thu, 08 Oct 2009General Motors has named Susan Docherty its new vice president of U.S. sales, replacing Mark LaNeve, according to CEO Fritz Henderson. “She brings a fresh perspective to the job and she has an extraordinarily high level of energy,” Henderson said in an interview with Automotive News.