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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.

Lamborghini Gallardo Spyder: RWD LP550-2 here in 2012

Sant'Agata plans a two-wheel drive version of the Lamborghini Gallardo Spyder – reflecting 2009's limited-series rear-wheel drive Balboni edition of the Gallardo coupe. Sales of the new rear-drive LP550-2 Spyder will start in early 2012, Lambo has confirmed to CAR. It will look the same as any other Gallardo convertible; the only changes will be to the hardware under the skin.

BMW poised to add X4 to lineup in 2014

It was only natural. With the SUV craze decidedly downsizing, BMW appears set to add an X4--with a range-topping M version--as part of plans to expand its utility-vehicle lineup in 2014. Conceived along the lines of the highly successful X6, the X4 is a smaller and more agile four-seater.