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Bristol Cars sold to China. Possibly.

Bristol Cars - is it a Chinese Takeaway Earlier this month we reported the sad demise of the quirky and eccentric supercar maker that is Bristol cars, forced in to administration through a shortage of equally eccentric millionaires to buy their creations from another time. The good news is that they still look like a viable entity if they’re properly marketed, so we didn’t expect it to be too long before a buyer popped up and grabbed the Bristol Cars name, its Kensington showrooms and the handful of staff left. So we weren’t surprised to get an email this morning from China telling us the press there are reporting that the Xinjiang No1 Tractor Company – a State-owned maker of tractors (you’d never have guessed) – had snapped up Bristol Cars from the administrators.

Ferrari black: Prancing Horse turns a profit in first quarter

Ferrari racers have always worn red. But black has been the standard-bearer for the company so far this year, as the Prancing Horse turned a $72 million trading profit in the first quarter. Making money amid the global economic crisis is no small feat--and Ferrari posted the gain despite a slip in sales and revenue.

Cut and shut: Ford builds Mustang on Empire State Building

The iconic Ford Mustang is 50 years old in 2014, and to celebrate Ford will be officially selling it in Europe for the first time ever. But in logistics terms, that’s nothing compared to this stunt: timed to coincide with the 2014 New York Motor Show, Ford has parked a new Mustang convertible on the observation deck of the Empire State Building. Not impressed?