Nardi Center Horn Button And Black Horn Ring Set, Made In Italy on 2040-parts.com

Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.

Chevrolet Code 130R, Tru 140S at 2012 Detroit show

Chevrolet's press conference at the 2012 North American International Auto Show was all about youngsters: namely the millennials, or 11-30-year-olds who hold increasing consumer power. GM reckons there are 80 million of them in the US, and they account for $1 trillion of spending power. So it's worth taking them seriously.

New Bugatti 'could be too fast to test'

THE UPCOMING replacement for the world's fastest luxury car could be too quick to test, according to a motoring magazine. Bugatti is looking to replace the famous Veyron with a new, faster model that could reach speeds of around 286mph, but questions have been raised by weekly title Autocar over whether the facilities will exist to test it to its maximum. Not only is space a concern for the 1,500-horsepower concept, because it will need much longer straights than the Veyron, but also tyres are an issue.