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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.

It seems Proton wants to dump Lotus – but can they?

Can Proton actually sell Lotus? The rumours continue to circulate that Proton wants to divest itself of Lotus. But under the terms of the DRB-Hicom deal, can they?

Jaguar C-X16 concept scoops 'Design Concept of the Year' award

The Jaguar C-X16 concept car has won Design Concept Car of the Year at the 2012 Scottish Car of the Year Awards. The two-seater concept – which acted as a teaser for the recently revealed production F-Type model – was first seen last year at the Frankfurt motor show and was designed to indicate Jaguar's future design direction. Collecting the award was Ian Callum, Jaguar's Director of Design, who said, "With the C-X16 concept, we set out to move Jaguar's award-winning design language on to the next generation, creating a car that is the very essence of future Jaguar performance." John Murdoch, association president, declared: "Many of these show stunners don't see the light of day but they are valuable for gauging public reaction to new ideas.