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Lamborghini turns Black Cab for a day

HAVE YOU ever seen a Lamborghini taxi? Probably not, but for one day only the brains behind the new Pure Rally initiative turned a Gallardo supercar into a London Black Cab. Londoners and tourists alike were able to hail the 201mph 'Lambo Cab' on Wednesday April 23, as part of a publicity drive to promote a new, more affordable kind of pan-European car rally adventure.

The BMW M5 is back!

BMW's M division has gone back to the drawing board with the M5, giving the fifth generation of the iconic four-door a twin-turbocharged 4.4-liter V8 engine—the first time Munich's class-defining performance sedan has gone without a naturally aspirated powerplant since its introduction in 1984. Further changes see it adopt a dual-clutch gearbox as part of a complete driveline rethink that resigns the old model's sequential manual transmission to the history books. Revealed here officially for the first time, the new M5 is planned to make its world debut in concept-car guise at the Shanghai motor show later this month.

Ferrari sets price for the 458 Spider

Ferrari has set the price of the 458 Spider at $257,000, with U.S. sales to start in January, In Europe, the sports car will cost 226,800 euros, or $309,000 at current exchange rate. Sales begin in October.