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McLaren 650S GT3 revealed at Goodwood

McLaren 650S GT3 revealed at Goodwood The arrival of the McLaren 650S meant a GT3 version wouldn’t be far behind as McLaren transferred all that’s better about the 650S to the track version, and now the McLaren 650S GT3 has made its debut at the Goodwood Festival of Speed. Sitting on McLaren’s stand at Goodwood alongside the P1, the 650S GT3 is wider than the 12C version, has a carbon fibre body kit, big air intakes and a huge rear wing and diffuser made from carbon fibre too. McLaren has also upgraded the suspension on the 650S and the cabin offers more head and leg room as well as promising a more comfortable drive.

Whos Where: Hakan Saracoglu appointed design director of Chery's Shanghai studio

Hakan Saracoglu has been appointed director of Chery Motor's Shanghai design facility. He will work alongside director of corporate design James Hope who continues in his role overseeing Chery design. Turkish-born Saracoglu joins the Chinese state-owned manufacturer from Porsche where he worked from April 1998.

GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.