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Caterham F1 team sold: 'F1 hasn't worked' - Fernandes

Tony Fernandes today sold his struggling Caterham F1 team By John Mahoney Motor Industry 02 July 2014 16:04 Caterham Group has announced it’s sold Caterham F1 to a consortium of Swiss and Middle Eastern investors. Caterham cars is not part of the sale. In a statement issued today, the sale of the team was said to allow the Caterham Group to focus on its ‘core activities’ that include the British car maker.

2013 Toyota Auris revealed ahead of Paris Motor Show debut

The new Toyota Auris – based on the old Auris but with a new look – has been revealed ahead of a Paris Motor Show debut. Even though there were rumours that the replacement for the Toyota Auris would arrive with the 2013 Toyota Corolla badge, Toyota has decided to stick with the Auris badge for the 2013 car, revealed today ahead of Paris 2012 (although we did have a leak of the 2013 Auris a few months ago). With competition from the VW Golf and Ford Focus – and a new-found desire to deliver cars that are more interesting to look at and drive – Toyota needs to be on the mark with the new Auris, and certainly in terms of how it looks the new Auris is a lot more interesting than the bland current model.

2014 Geneva Motor Show preview

The 2014 Geneva Motor Show opens its doors on 4 March and it will be a showcase for all that the world’s car makers have to offer. Some major new cars will make their public debut at the show, including the Audi TT, BMW 2 Series Active Tourer, Ferrari California and Renault Twingo, all of which will be on sale by the end of 2014. There’ll be plenty of concept cars on display, too: some will be outlandish visions of the future, but others – including the Skoda Vision C – will hint at production models that will be on sale soon.