Lamborghini will launch a production version of Sesto Elemento concept in October. The vehicle will start arriving at dealerships in the third quarter of 2011.

Auto Motor and Sport magazine says production will be limited to 10 or 20 units and pricing will surpass €1.9 ($2.8) million.

The Sesto Elemento featured a 5.2-liter V10 engine that developed 570 PS (419 kW / 562 hp) and 540 Nm (398 lb-ft) of torque.

Lamborghini is launching a new special edition of its Gallardo supercar to commemorate the 150th anniversary of Italian unification.

Tthe Lamborghini Gallardo Tricolore features a white exterior with carbon fiber mirrors and a tricolor strip that runs the entire length of the car.

The stripe is echoed on the driver’s seat, where it is perfectly aligned with the exterior stripe. The green, white and red colors of the stripe are in homage to the Italian flag.

Both the Ferrari Four and the Lamborghini Aventador LP 700-4 have already been sold out for the next year’s worth of production.

This information is revealed just after the official public release of both sports cars at the Geneva Motor Show last week and even before the cars are heading to dealerships around the world.

All 800 Ferrari FFs planned to be produced in 2011 are sold, according to Ferrari CEO Luca Cordero di Montezemolo. The car will be priced at $ 359,000.

Italian sports marque Lamborghini has unveiled the new flagship of its lineup at the Geneva Motor Show.

The Lamborghini Aventador LP700-4 will be delivered to the first customers in late summer 2011, the company confirmed March 1, describing the model as a “new reference among super sports cars.”

The model uses a carbon fiber monocoque (integrated chassis) which gives the Aventador a weight of 1,575 kg and features the same upward-opening doors used on its predecessors such as the Diablo and Murcielago.

Lamborghini is celebrating its 10 years of presence on the Singapore market with the unveiling of a new special edition Gallardo Singapore Limited Edition.

What sets this limited edition Gallardos apart from the regular Raging Bulls are the red stripes on the sides and a Merlion logo that’s labeled on the exterior of each car.

They will be available in two colors only (black and white) and in a limited run of just ten units worldwide.

Italian luxury car brand Lamborghini is set to unveil a flagship supercar at the Geneva Motor Show next month, according to reports from the US.

The top-end automaker, which makes some of the world’s most iconic performance cars, is planning to take the wraps off the Aventador at the show.

It will be the brand’s most powerful production model ever, boasting a 700 hp V12 engine which can manage 0 – 100 km/h in 2.9 seconds, making it faster than its predecessor, the Murcielago.