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New Lotus V8 will mean new 4-Cylinder engine too

2014 Lotus Elise - will get new 4-pot Lotus engine It seems that Lotus are deadly serious in their plans to build an all new V8 engine to drop in to the new Lotus Esprit, and it also seems as though the Lotus engine revival isn’t going to end there. The headline act is an all new modular Lotus V8 of 4.8 litres and boasting 562bhp. This is planned for the new Esprit, which is the only one of the crop of Lotus concepts actually under development, and will be ready to fire up in just a couple of months.

Design Contest: Ferrari 'New Concepts of the Myth'

Automotive design students from all over the world gathered in Maranello this week for the award ceremony of the 'Ferrari - New Concepts of the Myth' design competition. The winners were announced and awarded their prizes at Galleria Ferrari, within walking distance of Ferrari headquarters and Ferrari's Fiorano test track. The coveted prizes are six months of exciting and very demanding work at Ferrari and Pininfarina creative centres, under the leadership of Ferrari's Donato Coco (in Maranello) and Pininfarina's Ken Okuyama (in Torino).

New Ford Mustang revealed for 2015: in pictures

Ford chairman Bill Ford has unveiled the new Ford Mustang at the firm’s Go Further technology workshop in Barcelona. MSN Cars is here reporting live from the event, and far from the unveiling of an irrelevant American muscle car, the new Mustang is actually rather pertinent. That’s because when it goes on sale in 2015, it’ll officially be coming to the UK in right-hand drive guise for the first time, baring some very European engineering features.