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Caterham F1 team sold: 'F1 hasn't worked' - Fernandes

Tony Fernandes today sold his struggling Caterham F1 team By John Mahoney Motor Industry 02 July 2014 16:04 Caterham Group has announced it’s sold Caterham F1 to a consortium of Swiss and Middle Eastern investors. Caterham cars is not part of the sale. In a statement issued today, the sale of the team was said to allow the Caterham Group to focus on its ‘core activities’ that include the British car maker.

Call for Entries: Nissan Design Europe 'East meets West' exhibition

Nissan Design Europe has announced that it will be participating to the 2009 London Design Festival, but the Japanese automaker will not be showing a new vehicle. From September 23rd to the 25th, Nissan Design Europe will open its doors and become a creative hub hosting arts and design displays and seminars as well as leading a series of tours of the facility. Under the theme of 'East meets West: the cultural crossroads of creativity', the exhibition aims to celebrate the cross-pollination of creative industries in London, and the Japanese automaker will open some areas of its Paddington-based design studio for installations from other artists and designers.

On this clear day, you can see Fritz Henderson’s General Motors

Fritz Henderson and the guy he replaced at the top of General Motors, Rick Wagoner, both speak Portuguese. But that may be where the similarities end when it comes to the words spoken by the former CEO and his newly elevated successor. In his first news conference as the head of GM, Henderson made it abundantly clear that he understands the forces that put him where he is and what they expect from him.