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Bugatti Veyron Hire – only £16k a day!

Fancy driving a Veyron for the day? That'll be £16k! Or you could toddle off to Jack Barclay in London and see if they’ll let you borrow their new Bugatti Veyron L’Edition Centenaire for the weekend.

Who's Where: Gordon Murray launches own design company

Famed Formula One designer Gordon Murray has launched his own design company, with its first project currently underway. But it's not quite what you might expect from someone who's made a name for himself building such aerodynamic performers like the McLaren F1 and Camparo T1 supercars. Murray's new project is to build an economical small car for the masses: one that would be both cheap to buy and to run.

Toyota to close Australian design studio

Toyota designers at its Technical Center Asia Pacific Australia (TTCAP-AU) are to lose their jobs as part of Toyota's decision to scale back the facility's activities as well as halting all manufacturing within the country by 2017. The TTCAP-AU, which carries out all its Australian design and evaluation operations, employs 150 designers and modelers and it's possible that its activities with the Camry, Camry Hybrid and Aurion models could be scrapped, raising doubts over its future. Around 2,500 employees at Toyota's Altona manufacturing plant are expected to lose their jobs, although the effects are likely to be wider ranging.