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SEMA ups scholarship money for car-crazed college kids

The Specialty Equipment Market Association, better known to most of us as SEMA, has announced a hefty boost to its SEMA Memorial Scholarship Fund for 2013: The top student selected now gets $1,000 more for a total of $5,000 toward an automotive-related college education. Other eligible participants in four-year programs get $3,000—last year, they only received $2,000—and two-year students get their funds doubled to $2,000. In the Buckeye State, one lucky student at the Ohio Technical College will get complete tuition coverage, which is a cool $29,400.

Lamborghini Sesto Elemento (2010): the all-carbonfibre concept car

Finally, after much teasing, here it is, Lamborghini’s carbonfibre concept car – the Lamborghini Sesto Elemento. Unveiled on the eve of the 2010 Paris motor show at the Volkswagen Group’s massive pre-show party, it’s a sub-1000kg supercar with a 562bhp V10, and previews the future lightweight construction methods that Lambo will use on its next V12 supercar and other future models. Sesto Elemento is Italian for sixth element, which is carbon.

Cloud rises over diesel plan for Nissan Maxima

Nissan North America may postpone a V6 diesel engine planned for the Maxima sedan in 2010. Since the company revealed its Maxima diesel plan two years ago, gasoline prices have fallen dramatically, auto sales have collapsed and Nissan has begun reviewing product plans as it scrambles to restore profitability. "We haven't reached a decision on the diesel yet, but we have to consider where we want to put our capital investments," says Larry Dominique, North American vice president for product planning.