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Concept Car of the Week: Ghia Streamline X 'Gilda' (1955)

In 1954 Virgil Exner, director of styling at Chrysler, created a scale clay-model to communicate to his team his vision of futuristic and aerodynamic shapes. The sculpture was then painted black and was left on display in Exner's Office. There it caught the eye of Luigi Segre, director of Ghia who expressed his intentions to create a car inspired by the forms of the model.

£10 million cash boost for Lotus

Business secretary Vince Cable has visited Lotus’ Norfolk headquarters today, where he announced the company would be awarded £10.44 million from the Regional Growth Fund. The money will be used for research and development of products, as well as staff training. The sports car company expects to create 313 full time jobs to support production over the coming years.

BMW and Pininfarina to show Gran Lusso Coupé concept at Villa d'Este

BMW and Pininfarina have collaborated on a concept car – the Gran Lusso Coupé – for the 2013 Concorso d'Eleganza Villa d'Este. Previewed in these teaser images, the gloriously glamorous-sounding Gran Lusso (lusso being Italian for ‘luxury') appears to fuse BMW iconography – the front fender vent, Hofmeister kink DLO and horizontal rear lamp treatment – with a little more Latin flair with a rocker that flicks up the rear lamp and joins the shoulder line. The full-width rear lamps also promise to be suitably exotic.