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Lewis Hamilton to Mercedes, Sergio Perez to McLaren

Lewis Hamilton is leaving McLaren to drive for Mercedes – ousting Michael Schumacher – and Sergio Perez joins McLaren. It’s seemed likely for some time that Lewis Hamilton would leave McLaren for Mercedes, and this morning McLaren has confirmed that’s exactly what’s happening. The move to Mercedes for Hamilton takes him away from the team that has nurtured his talent from childhood and given him a life he could never have dreamed of.

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.

Honda New Small Concept

Honda Siel Cars India Ltd. (HSCI), the Japanese automaker's Indian subsidiary, unveiled the New Small Concept at Auto Expo 2010 in New Delhi yesterday. Previewing a new compact vehicle set to make its market debut in 2011 (in India and also in Thailand), the New Small Concept features a number of characteristic Honda design elements seen on the brand's recent production models and concept cars.