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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.

VAT-free Alto offer extended

YOUNG car buyers have some early festive cheer to celebrate, with the announcement that Suzuki has extended its ‘VAT-free’ offer on the cute Alto city car model until the end of the year. The deal effectively takes £1,200 off the list price of the entry-level Alto SZ. That makes the five-door runabout just £5,999 to buy, and with a low deposit of £779 it can be driven away for £99 per month.

One Lap of the Web: The Greenwich Concours, racecars for the street and exclusivity at Ferrari

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Over at Motor Authority, they're talking about the Audi W