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Celebrity chef Guy Fieri's stolen Lamborghini recovered a year later

While it might seem that a thief disappearing into the night with a celebrity's Lamborghini would be something out of a Nicholas Cage movie, it proves that truth sometimes is stranger than fiction. In May 2011, someone broke into the British Motor Car Distributors dealership in San Francisco one night and drove off with a yellow 2008 Lamborghini Gallardo Spyder. The Lambo, owned by celebrity chef and friend of Autoweek Guy Fieri, was seemingly lost forever.

General Motors board delays decision on favored Opel bidder

General Motors Co.'s new board of directors made no recommendation in favor of one of the two rival bidders for Opel, the company said on Tuesday. The board has been updated on the Opel sale process but because talks are continuing with Magna International and Belgian investment company RHJ International, no recommendation has been made, GM said in a brief statement. GM's new board of directors was expected to choose one of the two bidders at a meeting on Monday evening.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).