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Keating SKR and TKR (2008): first official pictures

By Ben Pulman First Official Pictures 23 April 2008 08:30 A British Bugatti costing £90,000? Or another loopy sports car from Lancashire? The Keating SKR and TKR launched today have 1500bhp potential and top speeds that challenge the Veyron's - but it's difficult to dispel our innate cynicism about yet another new British supercar manufacturer.

Volkswagen buys stake in Suzuki

Volkswagen will buy nearly 20 percent of Suzuki for $2.5 billion in a deal poised to continue VW's ambitious growth plans and bolster its global product offerings. The companies announced the agreement on Wednesday, and it could close in January. The deal allows VW to draw on Suzuki's small-car capabilities and strong position in India.

Detroit Electric, Geely to develop fleet EVs for China

Geely Automobile Group and startup electric automaker Detroit Electric Inc. have agreed to develop electric vehicles and electric drivetrains for sale in China. Under the deal, the first EV will be a modified version of Geely's Emgrand EC7, which will go on sale early next year.