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The Mitsubishi Evo is dead

As Mitsubishi shifts its global lineup toward utility vehicles and electrified cars, it will pull the plug on the Lancer Evolution at the end of the nameplate's current generation. “Mitsubishi Motors does not have any plans to design a successor with the current concept, as a high-performance four-wheel drive gasoline-powered sedan,” spokeswoman Namie Koketsu said, describing the car as having “icon” status. “Mitsubishi Motors will explore the possibilities of high-performance models that incorporate electric vehicle technology.” Dropping the Evo was foreshadowed last fall when President Osamu Masuko unveiled a new mid-term business plan that would deprioritize in-house sedans and explore sourcing them through joint projects with the Renault-Nissan Alliance.

Crunch watch July 09: the auto industry in crisis

By Tim Pollard, Ben Pulman, Ben Whitworth and Alex Michaelides Motor Industry 31 July 2009 11:23 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour  Friday 31 July 2009• Lamborghini today posted pre-tax profits of €5.4 million – despite a sales drop of 37% in the first six months of 2009. Sant'Agata said turnover hit €156.9m in the first half (down 43%) as it sold 825 cars globally (Lamborghini)• British motorists could have to pay £250 in tax to park at work from 2012.

Aston Martin Coupé Zagato Centennial and Spyder Zagato Centennial

American car collector Peter Read has commissioned a pair of Zagato-bodied Aston Martins that coincide with the British marque's centenary. The DBS Coupé Zagato Centennial and DB9 Spyder Zagato Centennial are the hard- and soft-top siblings are the latest in a long line of collaborations between the two companies. But while many have been – an admittedly more exuberant – expression of contemporary Aston design language, the Centennials have a stronger individual identity with an almost sedan-like aesthetic with forward-leaning noses and long Kamm tails.