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Volkswagen Scirocco unveiled

By Mark Nichol First Official Pictures 03 March 2008 20:00 VW has finally taken the wraps off the new Scirocco, 15 years after killing off the last generation coupe. Due to be officially unveiled at Geneva 2008, the Golf-based Scirocco has a pleasingly similar exterior to the Iroc concept shown at the 2006 Paris Motor Show, although the concept’s space-age interior has, predictably, undergone the full production watering-down. How cynical.

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.

1957 Ferrari Testa Rossa could break auction record at Pebble Beach

Auction house Gooding & Co. will offer up two legendary sports-racing cars--a 1957 Ferrari 250 Testa Rossa Prototype and a 1963 Shelby Cobra 289 Factory Team Car, one of which might set a record price for a car sold at auction--at Gooding's sale Aug. 20-21 during the Pebble Beach Concours d'Elegance.