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News watch Sept 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 24 September 2012• Volkswagen has dropped its appeal in the brand infrigement case against former partner Suzuki. The spat dates back to 2004, when VW contested an approval allowing Suzuki to brand a variant of its Swift supermini as 'Swift GTi'.

Pagani Huayra sets Top Gear lap record and places marker for McLaren P1

The Pagani Huyra set a stunning record time on the Top Gear track last week and in the process laid down a marker for the new McLaren P1. The return of Top Gear at the weekend for Series 19 saw Richard Hammond get to grips with the Pagani Huayra – successor to his beloved Zonda – and after a thoroughly positive test drive Hammond handed over to the Stig to take the Huayra round the Top Gear track. In the hands of the Stig, the 6.0 litre V12 AMG engine with 730 horses powered the Huayra to a time of just 1:13.8, beating the previous record for a production car, held by the Ariel Atom V8, by a sizeable 1.3 seconds.

Supercar owners hire runway to find top speed

“What’s the point of owning a supercar,” some might say. “You’ll never be able to reach its full performance potential on the road.” And while that’s true, there is an alternative to risking your driving licence if you buy a car like the new McLaren 650S or Lamborghini Huracan. Essentially, someone hires a private runway, and invites a load of supercar owners to drive as fast as they can before running out of tarmac.