Inner Trunk Wall 3b5867429bh Vw Passat 98-05 Lh Driver Sedan on 2040-parts.com

Caterham sells F1 team

Caterham 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.

Mazda reveal date for all-new MX-5

Mazda has confirmed that the all-new fourth generation Mazda MX-5 (ND) will be unveiled in September 2014. The new MX-5 will be shown simultaneously at events in the USA, Japan and Barcelona in Spain. 2014 also marks the 25th anniversary of the introduction of the first MX-5 – also know as the Eunos Roadster and Mazda Miata – in 1989.

Carl-Peter Forster a candidate to lead Jaguar Land Rover

Jaguar Land Rover is parting company with its chief executive, David Smith, potentially clearing the way for former Opel and BMW boss Carl-Peter Forster to take control. Forster has been linked with a senior role at Jaguar Land Rover for some months. Executives at Indian automaker Tata Motors, which bought the British brands from Ford in 2008, were rumored to have been taking soundings on whether Forster was the right man for job.