Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.

Volvo Plug-In Hybrid by 2012

Volvo are working on a plug in Hybrid for 2012 offerng 50g/km Co2 emissions Laudable though this intent is, it’s a little like the Vauxhall / Opel Ampera – it relies on technology that doesn’t yet exist to deliver what it promises. But to get things moving, Volvo are going to be running a number of Volvo V70 diesel-electric Hybrids round Europe this year, to guage customer feedback and try to establish exactly what the consumer wants. They also want to establish exactly what the consumer can live with in terms of ‘Re-fuelling’.

Make the McLaren MP4-12C your own with new online configuator

We all want to own a McLaren--a lucky few among us actually will. But the rest of us can still dream, design our custom MP4-12C with McLaren's new online configurator and hope for a winning lottery ticket. Anyone can log on at www.mclarenautomotive.com and access the configurator.