1956 Custom Upper Center Dash Speaker Grille on 2040-parts.com

New Ferrari Enzo (F70) will NOT debut at Paris 2012

It seems that, despite expectations, Ferrari will not debut the new Enzo (F70) at the 2012 Paris Motor Show. The expectation has been for some time that the new Ferrari Enzo (F70) would debut at this year’s 2012 Paris Motor Show. But now we don’t think it is.

Newsflash: Magna 'agrees to buy GM Europe': latest news

Latest news: what Magna's deal means for GM Europe By Tim Pollard Motor Industry 29 May 2009 19:31 Canadian parts giant Magna this afternoon struck an agreement in principle to buy stricken GM's European arm, Opel and Vauxhall. The agreement has not yet been confirmed publicly and is still in the early phase, but brings to an end an uncomfortable round of talks in the past 48 hours which saw a spat between American negotiators and European politicians, and Fiat CEO Sergio Marchionne walking away from the table.Once sealed, the deal must first be approved by the German government, which is to provide interim funding to the new owners. However, Italian car maker Fiat isn't yet totally ruled out of the running, as Magna's chief exec earlier today intimated that he could be interested in cooperation.CAR Online will update with the latest developments as they happen.

New Lotus Esprit cancelled? Not according to Lotus

The Interwebs are rife with rumours that the new Lotus Esprit has been cancelled. But Lotus say it’s not and the claims are made up. Dany Bahar was finally ousted from Lotus after the new owners of Lotus managed to remove the flamboyant former Ferrari man from his role at Lotus and ditch his fantasy plans to turn Lotus in to a cross between Aston Martin and Ferrari.