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Audi A2 concept (2011) first official sketches

Audi's product planners must hate having weeks when they don't have new product to announce. Just imagine, sitting around, twiddling their thumbs. So we shouldn't be surprised that Audi today confirmed it would unveil an A2 concept at the 2011 Frankfurt motor show.

Lamborghini reveals 2011's new V12 supercar engine

Lamborghini today announced the first details of its new V12 engine and transmission, which Lamborghini president and CEO Stephan Winkelmann promises will be 'the strong heart of the Murcielago successor next year.' It's to be the first clean-sheet Lamborghini engine since the original V12 first appeared in the 350GT, nearly 50 years ago. Lamborghini is keen to promote the low weight yet high performance of the new V12, which produces 700bhp yet tips the scales at only 235kg. Sant'Agata has also announced a new transmission for the Murcielago successor.

Shelby American considers bringing back rent-a-racer Mustangs

Shelby American is considering resurrecting its “rent-a-racer” program that offers upgraded Mustang GTs for enthusiast-oriented consumers, AutoWeek has learned. Likely timed to mark the storied company's 50th anniversary, the program could launch as early as next spring. The cars would be offered in two traditional configurations: black and gold and white and gold.