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Four car design schools to compete in Ferrari design contest

 Ferrari, in collaboration with Pininfarina, has laid down a global challenge for students of car design. The project, called 'Ferrari: new concepts for the myth', will see students from four of the world's best automotive design schools compete to create new concepts for future Ferraris. The four schools are: Art Center College of Design in Pasadena, Tokyo Communication Arts, Coventry University School of Art and Design, and the European Institute of Design in Turin.

Mercedes GLK at Detroit

By Guy Bird First Official Pictures 15 January 2008 21:28 When the pictures of Mercedes’ new small SUV concept were shown prior to Christmas, there were plenty of pained expressions in the CAR office. To be honest, the cars look little better in the metal. Aiming to draw inspiration from the iconic boxiness of the legendary G-Wagon and the more car-inspired sculptural curves of the huge GL-class, the resulting melange does no credit to either.

Lamborghini reports drop in profits

Lamborghini has announced a pre-tax loss of £32m for 2009 as the world recession led to a slump in supercar sales. Lambo delivered 1515 supercars last year, down 38% from 2008's 2430.  Turnover dropped 41% to £215m. It's a far cry from the dizzy heights of the boom years.