Caterham in surprise motorbike racing move

Caterham has today revealed it is moving into motorbike racing, with the launch of a Moto2 World Championship team that will debut in 2014. The two-bike team will compete in the feeder series to the ultra-popular MotoGP championship, with one rider – American Josh Herrin – already being confirmed for one of the race seats. Caterham AeroSeven unveiled in Singapore Caterham Seven 165 prototype stars at the 2013 Frankfurt Motor Show Caterham will team up with Swiss motorcycle racing experts Suter Racing Technology to design the new bike.

General Motors to shut down Saab

General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.

Audi A8 facelift revealed ahead of Frankfurt Motor Show 2013

Audi is pulling weight out of its A8 limousine and sticking in more power in an effort to stem the expected upsurge from Mercedes-Benz’s all-new S-Class, also being unveiled for the first time at the 2013 Frankfurt Motor Show. The all-wheel drive Audi, which is the top-of-the-range Audi limo, may only change a little visually but delivers big upgrades in its driver assistance systems, as well as tightening its fuel consumption by up to 10%. Please click the image above to read the rest of this story