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Ferrari SP FFX revealed – it’s not a looker

The one-off Ferrari SP FFX – complete with white fringe and coupe roof. Ferrari Special Operations is the division of Ferrari that relieves very well-heeled punters of vast quantities of cash to create one-off specials – just like Eric Clapton’s Ferrari SP12 EC. But a big bank account doesn’t necessarily equate to great taste, at least not if the only image we have of Ferrari’s latest one-off creation – the Ferrari SP FFX – is anything to go by.

Lotus, Toyota celebrate engine deal

Lotus CEO Dany Bahar presented Toyota president Akio Toyoda with a Lotus Elise this week at the British Embassy in Tokyo, celebrating the companies' long partnership. The Elise was equipped with Toyota's last 2ZZ-GE VVTL-i engine, the same engine found in older versions of the Lotus Elise and Exige. “The presentation of Toyota's last 2ZZ engine in the Elise is a symbolic gesture of our continued respect and deep appreciation for our partner not only acknowledging our past, but also looking forward to our future together,” Bahar said in a statement.

Ford resurrects Vignale name in an attempt to add premiumness to mainstream models

Ford is resurrecting the name of renowned Italian design house Vignale in an attempt to bring its mainstream models up market in Europe. Of course this isn't Ford's first experience of using a defunct carrozzeria for its range-topping models – remember Ghia? The first of these new models will be the Mondeo, which will appear with Vignale badging, lashings of chrome and quilted leather in Frankfurt next week.