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Lamborghini SUV confirmed

A senior source at Lamborghini's parent company Audi in Ingolstadt, Germany, has confirmed reports suggesting that the Italian supercar maker is close to revealing a dramatically styled and luxuriously equipped SUV/crossover concept that previews its long-touted third model. "I can't comment in detail but the speculation in the press is largely correct," an Audi manager revealed when questioned about reports outlining plans by Lamborghini to gauge public response to a successor to the famed LM002 with a new SUV concept. Set to get its first public airing at the Beijing motor show in late April, the new SUV/crossover will extend the current Lamborghini lineup, joining the successor to today's Gallardo and the recently introduced Aventador in what will at least be a three-strong model lineup from Sant'Agata from 2016 onward.

Chrysler to axe a quarter of its staff

Chrysler is to cut a quarter of its staff - up to 5000 jobs By Tim Pollard Motor Industry 24 October 2008 17:05 The credit crisis gripping the world's economy struck Chrysler again today – the car maker announced it would cut a quarter of its staff by the end of the year. Although exact figures haven't been issued yet, it looks like as many as 5000 jobs could be axed. Analysts in Detroit are seeing today's announcement as a sign that the possible GM-Chrysler merger being discussed could come to fruition.

Audi RS5 (2010) first official video

The Audi RS5 has been a long time coming. It was nearly two years ago that CAR’s Georg Kacher first scooped Audi's 21st century Quattro but now it's finally here and Ingolstadt has just released a video of the RS5 in action. The video is 11 minutes and 21 seconds long so make yourself comfortable, sit back and watch Audi’s new RS5 in action.