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Lamborghini Gallardo LP550-2 Valentino Balboni Spyder Spied +Video

The Lamborghini LP550-2 Valentini Balboni Spyder at the Nurburgring Lamborghini is aiming to bring a new car along to every major motor show. But Lamborghini’s meaning of ‘New Car’ is probably slightly different to the rest of us. What Lamborghini means is that they’ll have a fiddle with an existing model and turn out another iteration.

RM Meadow Brook auction tallies $5.4 million

A 1935 Auburn 851SC Boattail Speedster led the way at an auction held in conjunction with the Meadow Brook Concours d'Elegance, selling for $462,000 as the event raked in a total of $5.4 million. The Auburn was intricately restored and just the ninth version built. It was originally a show car at the Chicago auto salon.

Experts predict nine-, 10-speed transmissions to dominate in North America

In March, luxury maker Land Rover proudly told an audience at the Geneva auto show that it would soon bring to market the industry's first nine-speed transmission. One month later, Ford Motor Co. and General Motors announced that they would jointly develop 10-speeds.