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Lamborghini world debut at Paris

By Ben Pulman First Official Pictures 16 September 2008 16:21 This solitary photo is Lamborghini’s teaser of a new car that it will unveil at the October 2008 Paris motor show. No other information has been released from Lambo’s Sant’Agata HQ, except this single line of text: ‘It’s not just a new Lamborghini. It’s a new world.’ Lamborghini officials remain tight-lipped, but we know this will be a new bodystyle for the fabled Italian purveyor of extreme sports cars.

GM posts $2.5 billion profit, led by North America

General Motors on Thursday posted a profit of $2.5 billion for the second quarter, led by strong results in North America. GM's net income for the April-through-June period nearly doubled from $1.3 billion in the year-earlier quarter. It was GM's sixth consecutive quarterly profit since exiting bankruptcy in mid-2009.

SRT Viper production halted amid slow sales

Chrysler has made the decision to suspend production of the SRT Viper for a least two months, citing slow sales. The move is expected to result in layoffs of 91 hourly workers at Chrysler's Conner Avenue Assembly plant in Detroit. Back in October of 2013, Chrysler cut Viper production by a third, citing slow sales and growing inventories.