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Singapore billionaire Peter Lim invests in McLaren Automotive
Fri, 19 Aug 2011Singapore 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.
Ford overhauls plans for the U.S. C-Max to go with fewer seats, all hybrids
Thu, 09 Jun 2011Ford has shifted gears on its plans for the C-Max wagon in the United States and will now sell only the five-seat version with hybrid and plug-in hybrid powertrains, beginning in 2012. Ford has canceled plans to sell the seven-seat version of the C-Max with a conventional gasoline engine in the States. Ford will call the car the C-Max hybrid, and C-Max Energi will be the name of the plug-in version.
Aston Martin V8 Vantage (2012) the Vantage S-inspired upgrade
Mon, 20 Feb 2012This is Aston Martin’s new V8 Vantage, with a new gearbox, styling tweaks and chassis upgrades. You might think it looks little different than before – and that’s no bad thing – but Aston Martin claims the updates amount to ‘most comprehensive programme of enhancements’ since the 4.7-litre version of the V8 Vantage was launched in 2008. The new Aston Martin V8 Vantage will be unveiled at the Geneva motor show in March 2012, just in time to distract potential customers away from the new Porsche 911. So what’s new about the new Aston Martin V8 Vantage?