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Ford Fiesta S2000 rally car (2010) revealed

Ford isn’t planning an ST or RS Fiesta, but this is the next best thing – the Ford Fiesta S2000 rally car. Built by M-Sport - the same team behind the WRC Focus - it’s Ford first global rally car. The Fiesta is eligible to enter national rally championships, as well as the IRC and S2000 World Cup in 2010, and will also form the basis of Ford’s WRC effort in 2011. It will debut as a course car at next week’s Rally of Scotland, the final round of this year’s IRC.

First Lamborghini Huracans making £30k premiums

Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.

U.S. offers advance peek at 'cash for guzzlers' rules

Dealers participating in the "cash for guzzlers" program must visit www.cars.gov to find a list of facilities that may qualify for scrapping vehicles and then make sure the company can crush or shred trade-ins, according to preliminary rules on the Web site. The government posted the rules today for the program, designed to lift U.S. light-vehicle sales from 27-year lows.