Ferrari to revive GTO name

Ferrari is set to return the evocative GTO (Gran Turismo Omolagato) name to its lineup on a limited-edition, two-seat version of the F599 Fiorano GTB. The new car, conceived to run bodywork and mechanical components from the Italian carmaker's race-bound 599XX, is expected to make its public debut at the Paris motor show in September--marking the first time the GTO badge has been applied to one of Ferrari's road cars since the launch of the much-revered 288 GTO in 1984. Among the changes brought to the new car is a series of carbon-fiber exterior panels, a stripped-out interior and specially developed alloy wheels--all aimed at lowering the weight by 132 pounds from the 3,718 pounds of the F599 Fiorano GTB.

Jaguar and Williams F1 to partner on C-X75 hybrid supercar technology

Jaguar is teaming up with Williams F1 to put a limited run of $1.1 million C-X75 hybrid-powered supercars into production in late 2013 with a crucial partnership that links two storied British companies to develop cutting-edge technology. Jag and Williams have been working on a production plan for the C-X75 since January and will share development over the next few years. “Williams has expertise in composite structures, advanced powertrains, aerodynamics, low-volume production and speedy production development,” said Bob Joyce, Jaguar Land Rover's chief engineer.

Skoda Yeti Laurin & Klement adds gloss to the Yeti

Skoda has revealed a range-topping Yeti SUV – the Yeti Laurin & Klement – with extra equipment over the Yeti Elegance. It might sounds like a firm of solicitors, but Laurin & Klement (Václav Laurin and Václav Klement) are the founders of what is now SKODA and Skoda use their names to badge their range-topping cars, hence the Skoda Yeti Laurin & Klement. The Yeti Laurin & Klement starts off as a Yeti Elegance before Skoda bolt on £4,000 worth of extra goodies, and you can have it only as a 4WD with the 1.8-litre TSI 160PS, 2.0-litre TDI CR 140PS DSG or 2.0-litre TDI CR 170PS engines.