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Mustang named favourite classic

THE FORD MUSTANG has been voted Europe’s most wanted classic car with 37% of those polled saying they would love to have the American sports car in their garage. "Ford Mustang is more than a car, it’s the freedom of the open road and the spirit of performance driving," said Roelant de Waard, vice president, Marketing, Sales and Service, Ford of Europe. "Mustang has been a fundamental part of global automotive culture for almost half a century and is one of the world’s most recognisable vehicles." Launched in 1964, Mustang became an instant sensation and inspired millions of people.

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.

Camouflaged Cadillac ELR spotted on the road

Autoweek reader Josh Lindquist recently snapped these photos of what may be a camouflaged Cadillac ELR cruising around metropolitan Detroit. While the photos don't show the car from every angle, its lines are strikingly similar to those on the ELR featured on Cadillac's official Web site. The ELR first appeared as the Cadillac Converj concept in 2009.