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Caterham sells F1 team

Caterham The Caterham Formula 1 team has been sold to a consortium of Swiss and Middle-Eastern investors following a poor season so far in 2014. Rumours that Caterham would cut its losses have been rife, since team founder Tony Fernandes threatened to quit if things didn't improve this year. The team is currently bottom in the championship and Fernandes hinted of an exit last week, when he tweeted “F1 hasn't worked, but love Caterham Cars.” Graham Macdonald, Caterham Group CEO: “Firstly I want to thank everyone who was involved in the F1 team for all their hard work and dedication since the team’s first days in 2009.

2010 Astra – the advert

Vauxhall / Opel are pushing the boat out with an advert for the 2010 Astra The 2010 Astra – whether it’s an Opel or a Vauxhall - is a very big deal for GM in Europe. So it’s probably just as well that it’s got a lot going for it. There’s something for everyone from the entry level Astra (the Exclusiv 1.4i) with 86bhp and a decent spec which includes Aircon, to the replacement for the old Astra 1.8 SRi – the SRi 1.4 Turbo.

Nissan sketches future compact car plans

Nissan has unveiled a sketch of a compact car that it plans to sell around the world. The carmaker released few specifics, but the vehicle will be sold in more than 150 countries and is set to launch first in Thailand in March 2010. The car will qualify as Thailand's first “eco-car,” which is a government policy to help promote energy-efficient vehicles.