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Lamborghini Murcielago waves good-bye

It was a fitting farewell to one of the most audacious Lamborghinis ever built. A group of the most iconic V12 cars ever to put rubber to asphalt gathered at the factory in Sant'Agata Bolognese, Italy, for a special exhibition before escorting the last Murcielago, an LP 670-4 SuperVeloce, out of the Lamborghini Museum in a symbolic last ride. The 350GT was in attendance at the event, as was the futuristic Miura, a Countach and the fire-breathing Diablo, among others.

Crunch watch Jan 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Gareth Evans Motor Industry 30 January 2009 12:39 Friday 30 January 2009• Honda is about to close the Swindon factory for four months when Friday's shifts are finished; the shutdown will affect 2500 of the 3700 staff, who will receive full pay for two months and then 60% pay for the next eight weeks (BBC News)• Porsche has announced a sharp drop in sales and likely profits. It forecasts a 27% drop in 911, Boxster, Cayman and Cayenne sales to around 34,000 units in the six months to the end of January 2009 (Financial Times, subscription required)• Ford wants Washington to do more to stimulate car sales, after posting a record loss of nearly $14.6 billion earlier this week (Detroit News)• Honda's quarterly profit has crashed by 90% – forcing the Japanese car maker to halve its annual profit target (Detroit Free Press)Thursday 29 January 2009• Ford of Europe is a bright spot in the Blue Oval's quarterly results today, making $1.06 billion pre-tax profit in 2008 (up from $997m in 2007). It's the first profit of more than $1bn since 1989 (Automotive News Europe, subscription required)• Volvo suffered a 'disastrous 2008' with a pre-tax loss of $1.46bn.

CDN Interior Motives Student Design Awards launched

Registration for the 10th Car Design News Interior Motives Student Design Awards has now opened. This is your chance to take part in one of the most important events in the design calendar, and to display your talent and fresh thinking to the world's top vehicle designers and automotive press. The theme of this year's competition is ‘What Comes Next?