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Caterham sells F1 team
Wed, 02 Jul 2014Caterham The Caterham Formula 1 team has been sold to a consortium of Swiss and Middle-Eastern investors following a poor season so far in 2014. Rumours that Caterham would cut its losses have been rife, since team founder Tony Fernandes threatened to quit if things didn't improve this year. The team is currently bottom in the championship and Fernandes hinted of an exit last week, when he tweeted “F1 hasn't worked, but love Caterham Cars.” Graham Macdonald, Caterham Group CEO: “Firstly I want to thank everyone who was involved in the F1 team for all their hard work and dedication since the team’s first days in 2009.
Volvo sets prices for 2010 models
Tue, 09 Jun 2009Volvo Cars of North America has set prices on its 2010 models. On Monday, the automaker released a pricing list that ranges from an S80 V8 AWD A for $51,800 to a C30 T5 manual for $24,950, including the $850 shipping charge. Volvo has also set the price for its newest version of the XC60.
Rolls-Royce confirms new convertible - a Wraith cabrio
Tue, 05 Aug 2014By Tim Pollard Motor Industry 05 August 2014 12:49 Rolls-Royce today confirmed a new, eighth model range - a convertible due to join the Phantom, Ghost and Wraith in mid-2016. Goodwood is being tight-lipped on the exact identity of the new Rolls, but CAR can confirm it is the Wraith convertible. Not that Rolls-Royce would do anything as vulgar as call it that; expect a new name.