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Lamborghini shifts R&D focus from more horses to fewer pounds

Lamborghini's drivetrain wizards say they have all the horsepower they need for their super-fast cars. So from here on, performance gains will come from using lighter materials to reduce vehicle weight, instead of from chasing more engine thrust. "It has come to the point where acceleration equals consumption," said Stephan Winkelmann, CEO of the Italian automaker.

California looks to tighten pollution limits

The California Air Resources Board is scheduled to vote on Thursday on whether to adopt stricter clean-air standards for the state proposed by the Advanced Clean Car program. The program's proposal combines the control of soot, smog-causing pollutants and greenhouse-gas emissions into a package that may be required for model years 2017 through 2025. According to the program, the rules aim to clean up conventionally powered cars, deliver more zero-emissions cars and ensure that a fueling infrastructure is available.

Money flows at Monterey Auctions

Buyers of classic vehicles have dug deep into their pockets at auctions on the Monterey Peninsula, easily topping the sales totals from last year with one auction still remaining. More than $203 million has been spent on 704 vehicles, for an average sale price of $288,360. In 2011, the auction houses set a record for total sales during Pebble Beach week at $197,732,538 having been spent on 881 vehicles for an average sale price of $224,441.