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McLaren F1 for sale – the best one in the world?

The McLaren F1 - NOT the 'New' car for sale - we're not allowed to show that picture! But with only 64 road cars made (plus the handful of LM models – which would set you back considerably more), and the ability to stand shoulder to shoulder with the modern ‘Best Car in the World’ title holder – the Bugatti Veyron – it should be no surprise that they fetch such high prices. And if any more McLaren F1s set on fire, as we reported recently, the ones left will all go up in value.

Chrysler to axe a quarter of its staff

Chrysler is to cut a quarter of its staff - up to 5000 jobs By Tim Pollard Motor Industry 24 October 2008 17:05 The credit crisis gripping the world's economy struck Chrysler again today – the car maker announced it would cut a quarter of its staff by the end of the year. Although exact figures haven't been issued yet, it looks like as many as 5000 jobs could be axed. Analysts in Detroit are seeing today's announcement as a sign that the possible GM-Chrysler merger being discussed could come to fruition.

Mustang cocreator Donald Frey dies

Donald Frey, a senior product planning manager at Ford Motor Co. in the 1960s who along with Hal Sperlich and Lee Iacocca developed the iconic Ford Mustang, died on March 5 in Evanston, Ill., from a stroke. He was 87 years old.