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South America is a vital market for Fiat, and with the Sao Paulo International Auto Show coming up, the Italian automaker’s Brazilian subsidiary has cooked up an intriguing concept. Called the Bugster, it looks like the love child from a grappa-induced affair between a KTM X-Bow and a Jeep Wrangler.

Few details are known at this point, save to say that its green color isn’t accidental. Its undisclosed powertrain is good for zero-emission transportation, and the body panels (if you could call them that) are made out of renewable natural fibers. More details are bound to surface as the Sao Paulo show nears its opening at the end of this month.

Fans of the original Lotus 7 will undoubtedly be familiar with Elfin. Others who, like Lotus itself, have come to realize that automotive development has advanced in the past few decades, may be less so. The Australian sportscar-maker is right up there with the likes of Caterham and Westfield, only from the land of reverse-flushing toilettes and leaf-eating marsupials. The company is under the care of Tom Walkinshaw, a legend in the motorsports and tuning communities who has leveraged his close ties with GM’s Holden subsidiary for the vehicle you see here, called the Type 5 Clubman. Replacing the discontinued Type 3, the new Type 5 joins the line-up alongside the MS8 Streamliner and was recently unveiled at the ongoing Sydney Motor Show.

The new roadster features the same 260-hp turbo four from the Pontiac Solstice GXP and Saturn Sky Redline, only in a much lighter frame of just 750kg (about 1,650 lbs). The combination of generous power and low weight means the Type 5 is pegged to hit 100 km/h (62mph) in a rapid 3.7 seconds while commanding a sticker price comparable Down Under to a Nissan 350Z or Mazda RX-8, only without frivolities like a roof or doors.

Gallery: Elfin Type 5 Clubman

At the ongoing Australian International Motor Show in Sydney, the same show where Australian sportscar-maker Elfin took the wraps off its new Type 5 Clubman, Lexus unveiled a new version of its IS 250 sports sedan called the Sports Concept.

So what, you ask is the Lexus IS 250 Sports Concept? Think of it as IS F-light, but not quite as light on substance as appearance packages from its German rivals (think Audi S-line or Mercedes AMG sport packages). The show car has been outfitted with 19″ wheels hiding cross-drilled two-piece rotors clamped by six-pot calipers up front and four-pots in the rear, painted trademark Lexus F blue. It also sports Billstein shocks and springs; sway bars and chassis braces; an enlarged air intake and cat-back exhaust; a new clutch and short-shift kit; a carbon fiber engine cover and an assortment of spoilers and skirts.

In short, what we’re looking at is an IS F, only without the 5-liter V8. The revised breathing systems squeeze out a modest 1.5 percent increase in output from the 2.5-liter V6 for a total of about 213hp. The add-ons are currently being considered for the Australian market, but we’re sure there are plenty of fans of the IS F on this side of the globe who don’t need to hit 60 in the fours and wouldn’t mind a more affordable alternative given the current economic climate.

It’s anniversary time in Oz for HSV, Holden’s high-performance division. That means stripes, stickers, commemorative badges and a pair of new unveilings at the Sydney Motor Show. In HSV’s case, at least, the extra pieces of flair go on fire-breathing, tire-shredding LS3-powered monsters, so the usual lameness attached to these sorts of things goes right out the window. The 40th anniversary of the GTS nameplate’s first appearance (on the ‘68 Monaro) means we get a special HSV GTS 40th Anniversary model. And since 20 years have passed since the original SV88 appeared, a special edition HSV Senator Signature dubbed SV08 has also been unveiled. HSV will build 100 of the Anniversary GTS models and just 50 SV08s. And yes, we’d happily take one of each, thank you.

Two weeks ago we showed you spy shots of a 2010 Buick Regal caught testing in China that appeared to be nothing more than a rebadged Opel Insignia. (As you may recall, we’ll be getting the 2010 Buick LaCrosse in the States.) All three of those cars are based on GM’s Epsilon II platform, which we will also likely see under future vehicles from Saab, Saturn and Chevrolet. The Buick brand, and the popular Regal, are doing very well in China. As such, it’s no surprise to see these latest spy shots of the barely disguised four-door Regal dipped in red, and it looks great despite being a badge job. The production version is expected to debut at the Guangzhou Auto Show in November.

To celebrate its 26th year as Orange County’s most prestigious classic car show, this year’s Newport Beach Concours d’Elegance moved from its recent home in Irvine to the St. Regis Monarch Beach Resort in Dana Point. Still not Newport Beach, but much closer to the ocean at least. Benefiting the Mary & Dick Allen Diabetes Center at Hoag Hospital and the Assessment and Treatment Services Center, the event featured Cadillac as its honored marque to commemorate GM’s 100th birthday this year. Besides the gorgeous 1931 Cadillac Sport Phaeton V16 Fleetwood poster car, there were at least a dozen other notable Caddys, as well as about 150 other beautiful classic and collector cars, of which you can see most of them in our high-res gallery below.

Although a notch below the premier events like Pebble Beach, some of the most beautiful and significant vehicles around show up for this concours. Representatives from The Petersen, The Nethercutt Collection, the William Lyon Estate, the Mercedes Classic Center, the Simon Collection, the Caballeriza Collection, and the Marconi Museum were on display, alongside some superb machinery from local collectors like David Sydorick and Peter Mullin.

Well, it wasn’t the Paris unveiling we had expected, but Ford has indeed pulled the covers off its Fiesta Panel Van at the 2008 IAA Commercial Vehicle Show in Hanover, Germany. Based on the three-door Fiesta hatchback, the new Panel Van is designed for commercial and private users who only need to haul non-human goods and want to use the most economical vehicle possible for the job. Sure, it’s no Super Duty, but it’ll get the job done for a large number of drivers across the pond. Under the stylish hood, buyers will find a choice of gas or diesel engines ranging from a 60-horse 1.2-liter gas unit to the range-topping 1.6-liter diesel outputting 90-horsepower and 150 lb-ft. Europeans will be able to get over 67 miles out of each of their oddly-sized gallons while sending just 110 g/km of carbon out their tailpipes with the most frugal diesel engine option.

Enthusiasts of exotic Italian automobiles everywhere owe a debt of gratitude to Adam Gordon. The New York real estate developer has just completed what is sure to have been an extremely costly restoration of the Lamborghini Bertone Miura Spyder. We say “the” Miura Spyder because it is the only one ever made. In fact its serial number doesn’t even show in the company’s register.

As we reported when Gordon first acquired the car a year and a half ago, the Miura Spyder was made by Nuccio Bertone and Marcello Gandini as a one-off show car in 1968, when it was unveiled at the Brussels auto salon, much to the amazement of even Ferruccio Lamborghini. The car was then brought back to Sant’Agata where Lamborghini’s own people, in consultation with Bertone, deemed it impossible to put into production. The factory then refinished the only existing example in green with all manner of extra chrome bits and sold it to the International lead and Zinc Research Organization, which used it as a showcase piece and brought it to car shows in such locations as Detroit, Montreal, Anaheim, London, Tokyo, Sydney and Paris, before finally donating in 1981 it to the Boston Museum of Transportation in exchange for a $200,000 tax receipt. The car then disappeared largely into obscurity for 25 years as collectors failed – incredibly – to comprehend the value of the only factory-original Miura targa in the world.

Although the Boston museum invested what must have been considerable time and energy into refurbishing the Miura Spyder, it wasn’t until Gordon got his hands on it that the car was returned to its original Bertone condition by the Bobileff Motorcar Company. The car’s history has been chronicled in a new book, “The Lamborghini Miura Bible” by Joe Sackey. Follow the jump to read the full press release, and click the thumbnails below for a small gallery of images of the Miura Spyder.

Turns out the recreational and commercial vehicle show in Dusseldorf, Germany has attracted more concepts than the just the Fiat Portofino. Volkswagen showed up with the Caddy Topos Sail concept, another nautical-themed vehicle that brings the boat life to land locked lovers of the water. Based on the Caddy MPV, the Topos Sail concept’s biggest attraction is its roof, which is covered in wood decking and surrounded on all sides by aluminum roof rails. The roof deck is designed for lounging in the sun just like on the deck of a yacht, and the panels flip up to act as back rests. The concept also features a nifty ladder built into the rear lift gate with wooden steps, as well as wood trim elsewhere on the vehicle’s exterior. We’re certain it doesn’t float, but you could park the Topos Sail down by the docks, climb up on the roof and order a daiquiri to get the full effect.

While Russia’s auto industry is certainly not known for the beauty it produces, the country’s stock of fashion models seems limitless. Standing next to each vehicle on display at this year’s Moscow Motor Show was a maiden who, as you can see in the gallery below, was usually more attractive than the metal against which she was leaning.