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Lamborghini Gallardo pays homage to longtime test driver

Lamborghini is paying tribute to its longtime test driver, Valentino Balboni, by putting his name on a limited run of rear-wheel-drive Gallardos. It's called the LP 550-2 Valentino Balboni, which denotes the 550-hp rating. It's the only current Lamborghini that channels power to just the rear wheels.

Concept Car of the Week: Oldsmobile Golden Rocket (1956)

From 1949 to 1961, General Motors ran its own motor show. Called Motorama, the annual event was a showcase for concept cars which revealed prospective design and technology directions for all of GM's brands and for cars in general. Each year, one-off creations were designed and built for GM's multiple divisions, from Chevrolet all the way up to Cadillac.

Jaguar Land Rover leads UK universities to develop virtual simulation tech

Jaguar Land Rover is to lead four UK universities in a £10m ($15.5m) government scheme to develop virtual simulation technologies and processes to help improve and accelerate the car design process. The carmaker will be leading project teams from the universities of Cambridge, Loughborough, Leeds and Warwick in the Program for Simulation Innovation (PSI), developed to improve the potential of the UK virtual simulation industry. It is hoped that through its results design quality and capability can be improved through the simulation of sights, sounds and smells.