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Hyundai global design teams develop 'My Baby' internal project contest ideas

Hyundai has revealed the designs submitted for its 'My Baby' global internal design project. The project – a biennial contest that started in 2008 – asked the carmaker's design teams to use ‘new thinking' to preview a future without technological or manufacturing limits. Hyundai designers from bases in Korea, the USA, China, Japan, Europe and India were also tasked with reinterpreting and developing the carmaker's ‘Fluidic Sculpture' design language.

McLaren Automotive officially launches as the MP4-12C speeds toward production

McLaren Automotive laid out its ambitious plans to become a competitive player in the high-performance car market on Thursday and wants to build up to 4,000 top-shelf sports car annually by the middle of the decade. The company held a grand opening at its base in Woking, England, to celebrate the progress and officially unveil the MP4-12C as it moves toward production. The estimated 592-hp supercar is expected to be exceptionally light and aerodynamic as the company takes aim at the best of Ferrari and Lamborghini.

SEASONAL PRESSURES SEE MARKET SLOW IN JULY

AUCTION house BCA’s latest Pulse report shows that demand for older, lower value dealer part-exchange cars improved in July, but the fleet and lease sector has experienced more price pressure. The headline average used car value declined in July, as would typically be expected at the onset of the summer holiday months. Values across the board fell to £5,633 down from the £5,662 recorded in June – a £29 decrease that was equivalent to 0.5% fall.