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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.

Chrysler introduces 300 Glacier to tackle winter weather

Between Jeep, Mopar and Dr. Dre, Chrysler makes more special editions than Nike makes Air Force Ones. Immediately following the announcement of the Chrysler 300S Turbine that we saw at the Detroit auto show, the company announced a new edition of the 300 sedan called the Glacier.

Mitsubishi tease new model ahead of Geneva. New Outlander based on PX-MiEV II, perhaps?

Mitsubishi Tease a new car ahead of Geneva 2012 Mitsubishi are teasing a new model for the Geneva Motor Show in March. Could it a be new Outlander based on the recent PX-MiEV II Concepts? We’ve only just got over the Detroit Motor Show reveals, and car makers are already queuing up to tease us with offerings for the Geneva in March.