Lamborghini reports drop in profits

Lamborghini has announced a pre-tax loss of £32m for 2009 as the world recession led to a slump in supercar sales. Lambo delivered 1515 supercars last year, down 38% from 2008's 2430.  Turnover dropped 41% to £215m. It's a far cry from the dizzy heights of the boom years.

Mini Convertible (2009): the new R57 cabrio

By Simon Stiel First Official Pictures 28 November 2008 10:46 Mini has just issued the first photos of the new R57 Mini Convertible, which rolls into dealerships in March 2009 and follows the lead set by the latest hatchback. So it's cleaner, a little bit more polished inside and out, and there will probably be evidence of some middle-aged spread when we drive it in 2009.So what's new on the R57 Mini Convertible?All the changes are in line with the Mini hatch, so you get the latest PSA-shared 1.6 petrol engines, BMW group Efficient Dynamics – now redubbed Minimalism in Minispeak – stop-start and intelligent alternator control, helping to contribute to a 22% jump in fuel efficiency, Mini claims. The 1.6 Cooper pumps out 137g/km of CO2.

Hyundai Unveils New i20 Ahead Of Paris Motor Show Debut

KOREAN car maker Hyundai has taken the wraps off the latest generation of its i20 compact hatchback. The car, which will receive its public debut at the Paris Motor Show in October, has been designed and developed in Europe. According to its maker, three key attributes underline how it meets the needs of European consumers: class-leading interior space, a host of high-technology and comfort-enhancing features, and distinctive, refined design.