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Banks and Dallenbach ready for Pikes Peak with 1,400 hp

Not content to rest on his laurels after developing new diesel engines for military applications, Gale Banks and his company Banks Power will run a 1,400-hp, 1,301 lb-ft methanol-fueled vehicle up the now completely paved course at the Pikes Peak Hill Climb, which is scheduled to take place Aug. 8-12. Banks teamed up with Paul Dallenbach and Leonard Arnold of Dallenbach Racing for the occasion.

De Tomaso bites the dust – again

De Tomaso has filed for bankruptcy again after failing to complete any of the deals Gian Mario Rossignolo had claimed would save the brand. De Tomaso has never had a an easy time of things despite building a few cars – well, the De Tomaso Pantera, at least – which had real appeal. After its last bankruptcy, former Fiat executive Gian Mario Rossignolo rode in as a white knight to put De Tomaso back on top – or so we thought.

Lexus Refreshes Popular CT 200h

DEMONSTRATING the importance of China’s Guangzhou motor show, Japanese luxury car maker Lexus chose this venue and not its home market show to unveil its refreshed CT 200h. Just as the Guangzhou show is a big deal, the CT model range has become an increasingly important part of the car maker’s business. For example, in the UK it’s the dominant Lexus model.