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Lamborghini reveals 2011's new V12 supercar engine

Lamborghini today announced the first details of its new V12 engine and transmission, which Lamborghini president and CEO Stephan Winkelmann promises will be 'the strong heart of the Murcielago successor next year.' It's to be the first clean-sheet Lamborghini engine since the original V12 first appeared in the 350GT, nearly 50 years ago. Lamborghini is keen to promote the low weight yet high performance of the new V12, which produces 700bhp yet tips the scales at only 235kg. Sant'Agata has also announced a new transmission for the Murcielago successor.

Chevrolet to pull out of Europe

General Motors is ‘strengthening’ its ‘European brand strategy’ by pulling Chevrolet out of mainstream markets in Western and Eastern Europe. This is ‘largely due to a challenging business model and the difficult economic situation’ – but does not mean that Chevrolet is set to disappear entirely. On Bing: see pictures of European Chevrolets Find out how much a used Chevrolet costs on Auto Trader Instead, Chevrolet ‘tailor its presence’ by offering only select ‘iconic’ vehicles from the marque’s global portfolio.

Carrozzeria Touring Superleggera teases Geneva concept car

Carrozzeria Touring Superleggera has released a teaser image of its 2012 Disco Volante Concept, which will debut at next month's Geneva motor show. In 1952, the Italian coachbuilder Carrozzeria Touring teamed up with Alfa Romeo to create a series of special-bodied cars to trial new technologies as well as being easily adaptable for racing. Perhaps the most famous (and beautiful) was the 1952 Alfa Romeo Disco Volante (C52) which was based on the Alfa 1900, with both coupe and Spider convertible bodies produced.