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McLaren P1: First interior photos arrive

Ahead of its debut at the 2013 Geneva Motor Show next month, McLaren has sent us the first interior photos of their new hypercar. As we already know, the P1 isn’t following the almost unique 1+2 seating concept of the McLaren F1, but has opted to make it a regular two seater. That means that there will be no right hand drive cars – they’ll all be left hand drive – and McLaren are left deciding how to make the P1′s cockpit unique.

Ferrari F70 spotted testing in Europe

A Ferrari F70 mule was spotted testing in Europe recently, and it's now sporting a Daimler SP250 or '58 Packard look at the front end. Unlike the Daimler and the Packard, this catfish is long, wide and low. We're still expecting the F70 to be powered by a V12 with a KERS-like hybrid system.

Crunch watch Mar 09: the auto industry in crisis

By Ben Pulman and Tim Pollard Motor Industry 31 March 2009 13:48 Tuesday 31 March 2009• Porsche said that its earnings before tax rose to €7.3 billion in the six months to the end of January – including a €6.8bn windfall from its VW share options (Financial Times)• Fritz Henderson, GM's president and chief operating officer, will step up to replace Rick Wagoner, who was ousted on Sunday as CEO of General Motors (Financial Times)• President Obama is essentially CEO-in-chief of GM – despite not owning a single cent of stock, says Detroit News commentator (Detroit News)• German chancellor Angela Merkel gives assurances that any would-be investors in GM's European arm will be given state support. Opel is asking for €3.3 billion in aid – and up to 25,000 jobs in Germany depend on it, with up to 300,000 jobs across Europe including Saab and Vauxhall (BBC News)Monday 30 March 2009• General Motors' chief executive Rick Wagoner has been ordered to resign by US president Barack Obama with immediate effect. It's part of Obama's administration's critique of GM and Chrysler's turnaround plans – he's understood to be unhappy with the plans submitted (BBC News)• New GM non-executive chairman Kent Kresa has admitted that at the company's next general meeting it will have 'a majority of new directors' (General Motors)• Chrysler will receive US government aid for the next 30 days, but the Obama administration has said that if the company cannot secure a tie-up with the Fiat Group within that time period it will not receive any more money from the taxpayers and could go into liquidation.