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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.

Are Bugatti plotting a Final Edition ‘Super’ Veyron?

Will the power of the Veyron Super Sport (pictured) grow to 1500bhp? The rumours that the Bugatti Veyron would, at some point, get more than its original 100bhp or so have been around seen the Veyron first launched. Eventually, Bugatti delivered and we got the Veyron Super Sport – with 1200bhp – back in 2010 which was, inevitably, followed by the convertible version in the guise of the Veyron Grand Sport Vitesse sporting 1200bhp and a hole to let the sky in.

U.S. proposes new labels for fuel economy, emissions levels

Consumers shopping for a new car would be able to compare fuel economy and emissions levels across all types of vehicles by looking at revised labels on window stickers under an Obama administration proposal made Monday. Government regulators are seeking public comment on changes to fuel-economy labels that would allow comparisons across electric vehicles, plug-in hybrid electric vehicles, and conventional gasoline and diesel vehicles. The U.S.