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New Rolls Royce Wraith on the road (video)

The new Rolls Royce Wraith hits the road The new Rolls Royce Wraith – revealed at the Geneva Motor Show in March – is Rolls Royce’s answer to the sport credentials of Bentley, and it’s a convincing effort. Essentially a Ghost Coupe, the Wraith’s styling is, perhaps, a little jarring with its almost dog humping back end, but from some angles it also looks remarkably elegant for a two door coupe that’s the size of a delivery truck. But the key to the Wraith’s appeal – apart from the sumptuous fixtures and fittings – is its dynamism and power, with 624bhp on tap from its v12 (and an earth-turning 590lb/ft of torque too) enough to shift the Wraith to 60mph in a very un-Rolls Royce 4.4 seconds.

Mercedes CL 500 to be anniversary edition

This summer marks the centennial of when Daimler-Motoren-Gesellschaft and Benz & Cie separately registered their company logos in 1909. In celebration of the occasion, Mercedes has revealed a CL 500 “100 years of the trademark” anniversary edition. Daimler's was the Mercedes Star, while Benz's was “Benz” set in the center of a laurel wreath.

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.