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First Lamborghini Huracans making £30k premiums

Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.

Porsche Panamera Sport Turismo concept (2012)

This is the new Porsche Panamera Sport Turismo concept car, unveiled on the eve of the 2012 Paris motor show. We hear that we won’t see a Sport Turismo version of the current Panamera, but this concept instead previews the facelift treatment that will be applied to Porsche’s four-door saloon as part of a mid-life refresh in 2013. And beyond that the Sport Turismo showcases a second bodystyle than will join the range when the Mk2 Panamera appears in late 2015.

CDN and GM launch new interactive competition for students in North America

Multiple internships on offer with CDN-GM Interactive Competition Car Design News is pleased to announce the launch of the Car Design News-GM interactive design competition, a collaboration with GM and our partners, Dassault Systèmes and Faurecia. Eight student winners will be awarded internships at GM's design studios in North America in 2012 as the principal prizes, whilst our partner, Faurecia, will be choosing its own additional winner and offering this student an internship at its studios in either the US, Europe or Asia.  The competition is open to students studying at college/university level in the USA and Canada, on any design course, and to former students who graduated from these courses within the period April 2010 to March 2011. Students display and update their ideas and work-in-progress on the competition's website, where the interactivity comes from the ability of observers to comment and suggest specific amendments, and from GM mentors who will publicly guide and support the students.