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Last McLaren P1 was sold on Sunday, says Ron Dennis

The McLaren P1 Supercar (pictured) is now sold out The LaFerrari may have sold out before it was even revealed, but with a long history of hypercars from Ferrari, that’s no surprise. But the McLaren P1, although a direct descendant of the fable McLaren F1, didn’t have the benefit of a long history of hard-core wealthy clients to call on for its sales, so McLaren has had to wait a while to complete sales on their entire run of 375 cars. But now they’ve done it.

SPD offers scholarships for autumn program with Volkswagen Group

The Scuola Politecnica di Design is giving away eight scholarships for its autumn program in collaboration with the Volkswagen Group. The scholarships are aimed at students with degrees in transportation or car design, automotive engineering or equivalent degrees that show a high level of potential. The successful eight students will be given scholarships and will begin their studies at the Milan-based SPD on October 24. The awarding of the scholarships will be decided by a ‘motivational interview', an evaluation of the student's portfolio and the submission of a conceptual project assignment, with the election process being conducted jointly by the SPD and Volkswagen.

No Porsche plan for model priced less than Boxster

Porsche has no plans to sell a car costing less than the Boxster, according to the automaker's head of sales and marketing. "To build a Porsche for 30,000 euros [$37,800 at current exchange rates] currently doesn't fit our brand," Bernhard Maier told the Automotive News Europe Congress in Monaco on Thursday. "The extraordinary purchase experience is not for free and the entry price is currently covered with the Boxster and in the future by the Macan." He said Porsche's plan to double sales won't compromise exclusivity.