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CDN-GM competition: Phase 1 now closed

Back to school. Not most students' favorite time of year, signaling both the end of summer and a return to the long days of lectures and long nights of sketching. This year, however, it also means a chance to win one of five internships, including housing, at GM's Warren, MI design studio courtesy of the GM Interactive Design Competition 2012 – if you got your entry in on time!

The Toyota FT-1 concept would make a damn fine new Supra

The Detroit auto show is just getting started, and Toyota has kicked things off with a nice surprise: The racy FT-1 concept. A product of Toyota's Calty Design Research facility, the FT-1 concept shares some of the swoops and vents with the Lexus RC F. But there's a boatload of high-performance styling cues there, too: Take a quick glance and you might spot the front end of a Ferrari Enzo, the profile of the Nissan GT-R, the double-bubble roof of the SRT Viper/any number of Zagato creations and the oversized retractable rear wing of the McLaren P1.

Final Bugatti Veyron 16.4 spoken for

If you've always wanted a new Bugatti, you'll have to settle for the Grand Sport: All 300 cars in the Bugatti Veyron 16.4 model run have found homes, the last one having been ordered by a European customer who will take delivery next autumn. The Veyron came to life in concept form at the Tokyo motor show a year after the Volkswagen Group bought the rights to the Bugatti name in 1998. The Veyron was the first production car to have a full carbon-fiber monocoque, and its 8.0-liter W16 engine produced 1,001 hp and 922 lb-ft of torque, mated to a seven-speed twin-clutch gearbox.