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Million Dollar Fiat: 1953 Zagato Fiat 8V Elaborata

Fiat's first, and only, V8 engine debuted at the 1952 Geneva Auto Show powering a sleek two-seater intended to dominate Ferrari, Maserati and Lancia in two-liter sports-car racing. The car was designated the 8V, or Otto Vu in Italian, because Fiat had mistakenly thought that Ford held a trademark on V8. Fiat's legendary design engineer Dante Giacosa mounted the upper portions of a pair of 70-degree V4 engines on a single crankcase to make the 1996-cc, OHV V8.

GM improves, Toyota slips as industry sales decline eases

Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the industry improved from depressed levels of February and March. Drops of 33 percent at Ford Motor Co. and GM were in line with analysts' forecasts, as was American Honda's 25.3 percent slide.

Lambo boss bans retro design

By Phil McNamara Motor Industry 06 October 2006 08:50 New Lamborghini models will strive to make automotive history, not repeat it, vows the company’s president. Lambo’s brief flirtation with retro design – epitomised by the January 2006 Miura concept – is over, says boss Stephan Winkelmann. ‘The Miura was a celebration of our history, but Lamborghini is about the future.