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Who's Where: Gorden Wagener to head Mercedes Advanced Design NA

German designer Gorden Wagener, 37, has been appointed President of Mercedes-Benz Advanced Design of North America. Beginning his new position on January 1. 2006, Wagener now focuses on products specifically for North America, including production and show cars as well as advanced projects.

TVR sale latest

By Tim Pollard Motor Industry 08 February 2007 04:17 More than 30 parties have expressed an interest in buying the remnants of TVR, the sports car maker which crashed into administration over Christmas - and the factory could move to Asia. Administrator PKF (UK) LLP has spent the past month clarifying the assets of Blackpool Automotive Ltd, the company that ran the Blackpool factory, and it in fact holds several trump cards that could prevent the Russian owner switching production overseas. The sale advert in the Financial Times reveals that Blackpool Automotive controls the TVR trademark in Europe and the US, as well as all the intellectual property rights and tooling for the sports cars.

Ford Mustang celebrates 48 years

On April 17, 1964, at the World's Fair in New York, Henry Ford II brought the world its first pony car, the Ford Mustang. In a move that would never be possible today, cars were taken to dealerships for sale prior to the reveal. Ford sold 22,000 units on day one.