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Lamborghini Reventon Roadster launches – 13 of 15 sold

The Lamborghini Reventon Roadster Reveal at Frankfurt But it all worked for Lamborghini. No pictures got out – however hard we tried – until this last week. And even though Lamborghini had only sold six cars when they had the private showing, we’ve had it confirmed – from the very top at Lamborghini – that 13 people have paid €300k deposit.

General Motors reveals two-wheel PUMA electric-vehicle prototype

It’s based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller. But despite the unconventional nature of this vehicle, General Motors says a two-seat, two-wheel ride called PUMA could be a solution to loosen congestion in crowded urban areas.

General Motors to shut down Saab

General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.