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Lamborghini Sesto Elemento is official – just 20 to be built

Lamborghini 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.

Italian firm buys stake in Aston Martin

The former owner of Italian motorcycle maker Ducati has bought a 37.5-percent stake in financially strapped British car maker Aston Martin. The move means future Astons could use modern drivelines and electric architectures from Mercedes-Benz's AMG division, insiders with knowledge of the deal suggest. Private equity fund Investindustrial has signed a memorandum of understanding with current Aston Martin owner Investment Dar of Kuwait that will see it pay $240 million (150 million pounds) for the ownership stake.

Chrysler Sebring and Dodge Avenger to get a new lease on life

With Fiat-based replacements still at least two years away, the Chrysler Group has delayed plans to kill its slow-selling Chrysler Sebring and Dodge Avenger, sources say. The two sedans were all but left for dead by previous owner Cerberus Capital Management. Now insiders say Chrysler intends to freshen the cars and keep them on the market until late 2012.