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De Tomaso fails to sell

The De Tomaso brand failed to attract a bid in auction this week But it appears that the liquidators for the De Tomaso assetts have already disposed of the factory and land, and this week the brand and trademarks were on the auction block, with a starting price of  €1.6 million. But there were no takers. Not one.

Lotus Esprit James Bond car up for auction

The Lotus Esprit Submarine (pictured) from the James Bond 007 film is up for auction James Bond and cars go together like bacon and eggs and, with the exception of the 007 Aston Martin DB5, the Lotus Esprit ‘Submarine’ car from the Spy Who Loved Me is probably the most iconic Bond car to have hit the big screen. Piloted in the film by Roger Moore – with Mrs Ringo Starr, Barbara Bach, at his side – the underwater version of the Esprit, one of six used in the film, was affectionately know to the crew as ‘Wet Nellie’ and actually piloted for the underwater scenes by former SEAL Don Griffin, who worked as a test pilot for the creators of the Esprit Submarine - Perry Oceanographic. After filming ended it was sent of to a storage unit in Long Island, ten years rent was paid upfront but, when the 10 year rent period ended, no one stepped forward to claim the contents at they were sold off for a song to a local couple.

VW and Chinese ‘in talks to buy Vauxhall/Opel’ from GM

GM is considering selling its loss-making European operations, it emerged tonight. If it goes ahead and severs ties with GM Europe, the General would cede control of Vauxhall and Opel, the second biggest car brand in the UK.And in another extraordinary twist, CAR has confirmed that top-level talks have been taking place between Volkswagen and the German government, which is keen to avoid Opel falling into foreign hands. Chinese car makers are circling but Chancellor Angela Merkel, who has close connections to Volkswagen chief Martin Winterkorn, would prefer VW to step up to the plate as a potential buyer than a Chinese brand.