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McLaren P1 will smash Nurburgring & Top Gear lap records
Thu, 07 Mar 2013Ron Dennis has said that the new McLaren P1 will smash lap records at the Nurburgring and at the Top Gear track at Dunsfold. But that’s as much about the run-up to Geneva as the Motor Show itself as Ferrari had managed to keep LaFerrari under warps until just a few hours before it debuted. So interest and excitement were high and LaFerrari did little to disappoint.
Saab ends deal with Chinese investors
Mon, 24 Oct 2011Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.
Aston Martin Rapide coming home
Tue, 07 Jun 2011Aston Martin Rapide - homeward bound It took Aston Martin what seemed like forever to get their four-door supercar – the Aston Martin Rapide – in to production, and even then they didn’t build it themselves. When they were busy planning production of the Rapide the world’s economy was buoyant, credit was a piece of cake and Aston Martins were flying out of the showroom. But the new economic reality bit in 2008 and sales fell at Aston Martin, but by then the plan to get the Rapide built at Magna Steyr in Austria was unstoppable so, despite Aston Martin workers twiddling their thumbs as Magna Steyr built Rapides, there as nothing to be done.