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VW announces Mk6 Golf prices

By Ben Pulman Motor Industry 20 October 2008 12:17 VW has released prices for the new Mk6 Golf, but while the new car was rushed into production to cut costs, none of these savings seem to have been passed onto the consumer – the base 1.4 S now starts at £13,150 – £870 more than the Mk5 entry-level Golf. Along with a 79bhp 1.4-litre petrol engine, an entry level S model comes with a decent level of equipment to help offset the price increase. As standard there's ABS, ESP, seven airbags, air-con, heated and electric mirrors, body-coloured bumpers and door handles, plus a CD/radio.

2013 Shelby GT350 tops out at 624 hp

Shelby American released the details of its 2013 Shelby GT350 on Thursday. The limited-edition upgrades for the new model year include a load of new color combinations, a glass-roof option, Recaro seats and a modified custom rear valance. The company is taking orders now.

Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.