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New compact Lexus SUV based on Toyota RAV4 on the way

Lexus are planning a compact SUV to slot in below the RX, and based on the Toyota RAV4, to compete in the compact SUV market. Which explains why Lexus are looking for a model to slot in below the hybrid RX (pictured above) – a full size SUV/Crossover – to keep them competitive. And what easier way to go than to take the new Toyota RAV4 and turn it in to a Lexus?

Bugatti sell their 400th Veyron – just 50 left to go. But what next for Bugatti?

The 400th Veyron – a Grand Sport Vitesse Jean-Pierre Wimille Special Edition Bugatti may have come to rely on ‘Special Edition’ Veyrons to keep making sales, but they’re now getting close to the end of their production run. The Veyron – which debuted in 2005 – is limited to a total of 300 coupes and 150 Roadsters, and all the coupes are long gone with just the Roadsters left to finish their run, and only 50 of are those left to sell. Not surprisingly, the 400th Veyron to be sold – the latest Veyron Grand Sport Vitesse Jean-Pierre Wimille Special Edition – went to a client in the Middle East at a hefty €2.14 million which, at a rates of around one a week sold for the last eight years, means the Veyron will be consigned to the Bugatti history book by the end of 2014.

Who's Where: Gert Hildebrand appointed Head of Design at Qoros Auto

Gert Hildebrand, former General Manager of Mini Design, was appointed Head of Design at Qoros Auto in January this year. In his new role, Hildebrand is responsible for overseeing a regeneration of the existing design and styling processes at the joint venture company, a collaboration between Qoros and Israel Corporation, which was founded in 2007. One of many high level designers making the transition to China, Hildebrand is is currently tasked with leading the creation of the new Qoros brand, which was unveiled at a presentation in Shanghai last week.