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News watch July 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-hour Tuesday 31 July 2012•Porsche SE recorded a first half profit of €1.15bn, in comparison with €149m for the same period in 2011. The enormous jump has come not from directly selling cars, but from the group's investments in Porsche Zwischenholding GmbH and Volkswagen AG (Porsche SE)•Reuters suggests Germany's car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.

Lamborghini's new police car and racer

By Ben Pulman First Official Pictures 27 October 2008 16:00 CAR only drove the revised Gallardo earlier this year, but already Lamborghini has announced two new special edition LP560-4s. First up is the Lamborghini Super Trofeo. It’s a lightweight version of the LP560-4, destined to compete in what Lamborghini believes is the fastest one-make race series in the world.

Mercedes try to 'bring the noise' back to F1

MERCEDES trialled a device aimed at amplifying and improving the much-maligned sound made by the 2014 marque Formula One cars on the second day of testing in Barcelona. With new V6 engines forming part of an overhaul in F1 regulations, widespread criticism of the dulcet tones has continued from the opening race of the season in Australia. With F1 chief Bernie Ecclestone amongst those to question the enjoyment of listening to the new engines, the teams decided to look into ways of making it a more pleasurable experience.