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Ferrari 458 Challenge (2010) more official pictures

This is the new Ferrari 458 Challenge, the latest in a line of racers to emerge from Maranello. It was unveiled at today's Bologna motor show. It's not the first time we've seen the race-spec 458, but they've issued more photos of it.

Audi Urban Concept

Audi has released additional photos and information on the Urban Concept, which is set to make its debut at the Frankfurt motor show in September. As we previously reported, the new car – touted by Audi as a 'new kind of concept car' that combines aspects of a racing car as well as a fun-to-drive urban vehicle – is a diminutive two-passenger vehicle powered by two e-tron electric motors. Measuring in at 3200mm long, 1700mm wide and 1200mm tall, the Urban Concept is expected to weigh less than 500kg, thanks largely to a cockpit made from CFRP.

Lexus IS 300h promises unrivalled ownership costs

The new Lexus IS - launched at Detroit in January and costing from £26,495 for the IS 250 in the UK – actually offers ownership costs that eclipse diesel offerings from the likes of Jaguar, BMW, Audi and Mercedes, say Lexus. Despite the logical assumption that the complex hybrid powerplant in the IS 300h would cost more to maintain, Lexus say the opposite is true. Because it has no clutch and the starter motor and alternator are integrated they require no servicing or replacement and Lexus has fitted a timing chain instead of a timing belt, so it won’t need regular replacement either.