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Ferrari will launch first hybrid in 2013

Ferrari will offer its first gasoline-electric hybrid system in 2013. The technology will be featured in the as-yet-unnamed car that will replace the limited-edition Enzo. "We are entering the market with our Formula One-derived hybrid system, which will slash fuel consumption and increase performance," Ferrari CEO Amedeo Felisa told Automotive News Europe on the sidelines of the Beijing motor show.

London underpass to hold flood water

A PEDESTRIAN UNDERPASS is to be turned into an emergency pond to hold hundreds of thousands of litres of floodwater threatening homes and businesses in south London. The Purley Cross underpass will be used to hold water pumped from around 400 under-threat buildings in parts of Kenley and Purley and to stop a water treatment works which supplies tens of thousands of homes from flooding, Croydon Council said. The authority said the plan to use the underground footway to hold around 600,000 litres of water from tonight was approved after its "primary" pond at Purley Depot overflowed last night.

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.