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Chris Bangle's ‘Illustrate the Future’ competition winner announced

Renowned designer Chris Bangle announced the winner of the ‘Illustrate the Future' design competition as Luis Fernando Peña Delgado at the end of the Interior Motives China conference yesterday. 22-year-old Delgado, a student of design at the Universidad Nacional de Colombia, Bogota, Colombia, was chosen by the judges under the direction of Bangle on the basis that his entry best followed the criteria of closeness to the original text, the quality of the illustrations and the creative content. The global competition's brief asked for students from any design discipline to examine excerpts from the eBook "Peter Teuful, A Tale of car design in Three parts" – written by Bangle himself – and translate them into a series of images.

Ferrari posts record sales despite economic uncertainty

Global economic waters are far from calm, but Ferrari has managed to steer clear of the turmoil. The Italian automaker has released sales figures for the first six months of 2012, and they’re impressive by any measure. Revenues for the first half of the year are up nearly 12 percent, and net profits have risen 10 percent to over $130 million.

New VW Golf R Mk 7 costs from £29,900 in the UK

The new VW Golf R (pictured) costs from £29,900 The best of the MK 7 Golfs – the new Golf R – arrived back in August ahead of its debut at the Frankfurt Motor Show, with Volkswagen telling us it would go on sale in early 2014. But it’s actually on sale now, a few weeks early. At £29,900 (for the 3-door with 6-speed manual), the Golf R is a sensible price ( at least in comparison to VW’s truly silly price for the MK 6 Golf R Cabrio – which they subsequently dropped by more than £5k) and undercuts the similar Audi S3.