BMW has announced it will recall a total of 235,000 Minis worldwide because of a fault with an electric water pump. Minis produced between March 2006 and January 2011 are affected by the problem, which could be a fire risk. BMW is offering to have the water pump replaced for free at a Mini dealership.

HiGear, the peer-to-peer luxury and exotic car sharing service based in San Francisco, announced it is shutting down as a result of recent thefts involving their cars. A full explanation will be sent to HiGear members tomorrow, according to CEO Ali Moiz.

A truck driver in Santaquin won a Lamborghini Murcielago supercar, the top prize of a "Joe Schomo to Lambo" contest organised by Maverik and teamgive.org. The stunning lime green Lambo was presented to him at an afternoon event. Unfortunately, the lucky winner David Dopp lost control of the car a few hours later, sending the Lamborghini into a field.

14 supercars were involved in a huge crash in Japan on Sunday. Including 8 Ferraris, 3 Mercedes and a Lamborghini, the damage is estimated at almost $3.9 million, making it the most expensive street car crash of all time.

The Bugatti Veyron supercar sports a powerful 8-litre 16-cylinder engine capable of producing 1,000 bhp. With a top speed of 260 mph, it remains the fastest commercial supercar on the market and comes with an eye watering price tag of $1.5 million. Mike Duff decided to build his own Veyron replica entirely by hand in a process that took a full 9 months from start to finish.

Indian health officials are offering one lucky man or woman the chance to win a free Tata Nano. In exchange, the winner must agree to be sterilised in a bid to slow down the nation's birth rate. Applicants will also be given the chance to win other prizes including motorcycles, televisions and food blenders in this unusual promotion.

Skoda are running a competition giving you the chance to drive away a brand new Skoda Fabia VRS for free by solving clues posted on the Skoda Puzzle YouTube site. There are also lots of weekly prizes to be won on Facebook over the coming weeks. The competition is free to enter for residents aged 18 years and over of the UK and runs from 25 April to 2 July 2011.

Best of the Best are the supercar prize competition specialists and if you've recently travelled to the UK, you might have seen their airport stands featuring shiny new Lamborghinis, Porsches and Ferraris. Each month, a winner is picked based on their results in a skill competition, and they are awarded a supercar or sports car of their choice. Their competitions are open to players worldwide and you can enter online.

Every year, Corvette Dream Giveaway Sweepstakes give you the chance to win 2 stunning Corvettes and help support Kids Wish Network's HERO program. The current sweepstakes is under way with a stunning 1963 Chevrolet Corvette Split-Window Coupe and a special edition 2011 ZR1 720 horsepower Corvette up for grabs. The grand prize is worth $275,000 and could be yours in return for a $3 donation. We meet some of the past winners of this annual fundraiser.

The Sun is running a free competition giving readers a chance to win a fabulous VIP Le Mans prize for free. The winner and a friend will enjoy a once in a lifetime VIP trip to the legendary Le Mans 24 hours race, one of the world's biggest sports car races.

Italian supercar maker Lamborghini looks set to put the stunning Sesto Elemento concept car into production, according to recent reports. With a price tag rumoured at an eye-watering €2 million (£1.77 million), the new supercar would officially be the most expensive modern car in the world.

Argos are giving you the chance to win a brand new Vauxhall Meriva courtesy of Graco. The win a car competition, which closes at midnight on 22 July 2011, can be entered online for free via the Argos website.