Peugeot 504 Cabriolet Cognac Velours Carpet Set on 2040-parts.com

Lamborghini sets record with 10,000th Gallardo

Lamborghini has achieved a production record by producing its 10,000th Gallardo--a number the Italian automaker has never before accomplished with another model. Before being delivered to its owner, the 10,000th Gallardo will be displayed in Shanghai during Lamborghini Day on June 25. “Production of car number 10,000 is a very important milestone for Lamborghini,” said Stephan Winkelmann, president and CEO of Automobili Lamborghini.

Terrafugia's next flying car to be a tiltrotor?

It took Bell, Boeing and the United States military decades to get the V-22 Osprey from idea to deployable platform. But with one flying car in the final stages of development, Terrafugia's looking to the military tiltrotor for inspiration. With their Transition model slated to begin deliveries in 2015 or 2016, Terrafugia's TF-X has hit the drawing board.

Mercedes-Benz axes Maybach

High ranking Mercedes-Benz sources have confirmed to Autoweek that the underperforming Maybach brand will be officially killed off in 2013. The decision to disband Mercedes-Benz’s upper luxury marque comes after a decade of disappointing sales for the Maybach 57 and 62 and a recent decision from the German car maker’s chairman Dieter Zetsche not to push ahead with the development replacement models – the likes of which were tentatively due out in 2014 – owing to what one insider describes as a “positive move to focus greater attention on the Mercedes-Benz brand” . “We’ve come to the conclusion that it is better to cut our losses with Maybach than to continue into an uncertain future with a brand that has failed to live up to original sales expectations," the insider said.