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Lamborghini 'their choice' says Webb

IT WILL be up to pensioners whether they spend their retirement pot on a Lamborghini, Pensions Minister Steve Webb said as he defended a relaxation of rules announced in the Budget. Critics have warned that allowing pensioners to draw down the cash rather than being forced to buy an annuity will result in some blowing the fund and relying solely on state help. The luxury Italian sport cars sell for six-figure sums.

Porsche considers North America, China production to grow sales

Porsche may launch production in North America and China as part of a plan to double annual global sales to 200,000 units, CEO Matthias Mueller said. Mueller said the sports car maker's current German assembly plants in Zuffenhausen, near Stuttgart, and Leipzig, were too small for the brand to reach its ambitious goals. "We will consider this year whether to start production in Asia or North America," Mueller told the German magazine Focus in an interview published Monday.

Bentley gets efficient: 2014 Hybrid Concept to cut CO2 emissions by 70%

It seems even the manufacturers of super luxury cars are now cottoning on to the fact that big multi-cylinder, gas-guzzling engines are set to be a thing of the past. Bentley, no less, has announced that it will be going hybrid in the future, marking the occasion with the reveal of its Hybrid Concept at the upcoming Beijing Motor Show 2014. Quite incredibly, the technology looks set to slash the firm’s CO2 output from limousine levels to rates we’re more accustomed to seeing from a small supermini.