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Bristol Cars sold to China. Possibly.

Bristol Cars - is it a Chinese Takeaway Earlier this month we reported the sad demise of the quirky and eccentric supercar maker that is Bristol cars, forced in to administration through a shortage of equally eccentric millionaires to buy their creations from another time. The good news is that they still look like a viable entity if they’re properly marketed, so we didn’t expect it to be too long before a buyer popped up and grabbed the Bristol Cars name, its Kensington showrooms and the handful of staff left. So we weren’t surprised to get an email this morning from China telling us the press there are reporting that the Xinjiang No1 Tractor Company – a State-owned maker of tractors (you’d never have guessed) – had snapped up Bristol Cars from the administrators.

Former GM president James McDonald dies at 87

James McDonald, who served as president of General Motors Corp. under CEO Roger Smith in the 1980s, died on Sunday at the age of 87. McDonald became president and COO on Feb.

Toyota Matrix likely to be dropped

Toyota will roll out Tundra and Corolla redesigns next year and will revise the RAV4, Avalon and Highlander, but there are some things the division probably won't do. For example, there is a strong possibility that the Corolla-based Matrix hatchback will not be renewed for the United States when the Corolla redesign comes next fall. "If we don't have the Matrix, it won't be the end of the world," said Toyota Division boss Bill Fay at the press introduction of the RAV4 in Phoenix.