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Lamborghini Egoista revealed at Lamborghini’s 50th Anniversary celebrations UPDATED

The Lamborghini Egoista (which translate as the Lamborghini ‘Selfish’) gets its name because it is designed as a single seater, purely for the pleasure of the driver. Designed by Walter De Silva, the Egoista sports dramatic styling that is said to be inspired by the Apache helicopter (and isn’t entirely successful – the Apache looks better) and extensively uses carbon fibre with a canopy that can be removed for real single-seat fresh air thrills. Power comes from the Gallardo’s 5.2 litre V10, although so far all Lamborghini has done is release a single photo of the Egoista (above), so we don’t yet know whether the Egoista will be a one-off special like the Aventador J, a short run at silly prices like the Veneno or just a concept that will never see the light of day again.

Chrysler drops lifetime powertrain warranty, eases transfers

Chrysler Group is abandoning its lifetime powertrain warranty in favor of five-year, 100,000-mile coverage that's more easily transferred to a new owner. Spokesman Rick Deneau said the switch was made after discussions with its dealer council. The change is effective on all 2010 model-year vehicles.

GM to build eight-speed transmission in Toledo

General Motors is directing $204 million of a $2 billion investment in its U.S. plants toward building an eight-speed automatic transmission in Toledo. Automakers are turning to transmissions with more gears to meet more stringent fuel-economy regulations.