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Lamborghini Gallardo LP550-2 Valentino Balboni (2009)

By Ben Pulman First Official Pictures 01 July 2009 10:00 Lamborghini has unveiled the limited edition Gallardo LP550-2 Valentino Balboni, a new entry-level model, and its first rear-wheel drive supercar since the Diablo. The Italian supercar company has long promised that all its cars will resolutely remain four-wheel drive, but it’s building the two-wheel drive LP550-2 (hence the name) to celebrate its legendary test driver Valentino Balboni. Just 250 will be built.

Suzuki to unveil 'S-Cross' in Paris

Suzuki has revealed a teaser image of its new S-Cross concept car which the automaker will be debuting at next week's Paris motor show. The S-Cross, which indicates an impending C-segment crossover model, is designed to represent a theme of "Emotion x Quality x Aerodynamics" through the use of distinctive dynamic lines that flow from the front fender across the doors and end at the rear of the body. Suzuki have left us with very little else to go on, and so we'll have to wait until next week's show to find out more.

£10 million cash boost for Lotus

Business secretary Vince Cable has visited Lotus’ Norfolk headquarters today, where he announced the company would be awarded £10.44 million from the Regional Growth Fund. The money will be used for research and development of products, as well as staff training. The sports car company expects to create 313 full time jobs to support production over the coming years.