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Caterham – including Caterham F1 – up for sale for £350 million

Will the Caterham AeroSeven Concept (pictured) be a casualty of Caterham’s impending sale? Caterham’s foray in to F1 hasn’t been much of a success, with not a single point on the F1 board since they arrived in 2010 as Lotus Racing (although Marcus Ericsson was just one place off a point at Monaco yesterday). Now, after warning back in January that he would walk away from F1 if the Caterham team’s performance on track didn’t improve, it looks like Fernandes is ready to walk away from Caterham altogether.

Electric-car start-up aims to keep NUMMI open with zero-emission vehicles

Electric car hopeful Aurica Motors LLC is floating a plan to keep open a California joint venture between Toyota and General Motors by building zero emission vehicles there. Aurica has been negotiating the plan with New United Motor Manufacturing Inc. for the past three months, Aurica General Manager Matt Pitagora said in a phone interview late Wednesday.

SEAT Mii 5-Door joins its VW stablemates

The 5-door SEAT Mii revealed ahead of the Geneva Motor Show The 5-Door SEAT Mii has been revealed ahead of its debut at Geneva in March, joining the 5-door VW Up and Skoda Citigo city cars. Today it’s SEAT’s turn to take the VW Group City Car and turn it in to a 5-door, with the reveal of the SEAT Mii 5-door ahead of the Geneva Motor Show in March, alongside the 5-door VW Up and the 5-door Skoda Citigo. Really, there’s not a huge amount to say about the SEAT Mii 5-door that we haven’t already said about the 3-door Mii - except it gets two extra doors.