Mercury 55164 Bushing, Throttle Control Lever Screw on 2040-parts.com

Crunch watch July 09: the auto industry in crisis

By Tim Pollard, Ben Pulman, Ben Whitworth and Alex Michaelides Motor Industry 31 July 2009 11:23 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour  Friday 31 July 2009• Lamborghini today posted pre-tax profits of €5.4 million – despite a sales drop of 37% in the first six months of 2009. Sant'Agata said turnover hit €156.9m in the first half (down 43%) as it sold 825 cars globally (Lamborghini)• British motorists could have to pay £250 in tax to park at work from 2012.

Barrett-Jackson Scottsdale Auction, Day 1

The Barrett-Jackson Scottsdale Auction is under way in Arizona, and the first day's numbers are in from our friends at Hagerty. Now, before you think the economic sky is falling, remember, the good stuff crosses the block on the weekend. A 1969 Chevrolet Camaro Coupe Yenko recreation sold for $56,650.

BMW and Local Motors join forces for latest contest

BMW and Local Motors have come together to launch the Urban Driving Experience Challenge, which launches on 25 September. The contest challenges designers to create the premium vehicle features and functions that will shape the urban driving experience in 2025 and beyond. The Mega Cities of the future will offer a number a new challenges for the automotive industry, such as increasing urbanization, rapid population growth, changing infrastructures and environmental pollution.