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De Tomaso fails to sell

The De Tomaso brand failed to attract a bid in auction this week But it appears that the liquidators for the De Tomaso assetts have already disposed of the factory and land, and this week the brand and trademarks were on the auction block, with a starting price of  €1.6 million. But there were no takers. Not one.

Porsche Panamera Hybrid: Geneva Reveal

The Porsche Panamera Hybrid (click for bigger image) We’ve got to say, the news that the Porsche Panamera Hybrid (strictly speaking, the Porsche Panamera S Hybrid) is going to debut at the Geneva Motor Show in a couple of weeks time isn’t exactly a shock. After all, Porsche has made no secret of its plans to stick Hybrid gubbins in the Panamera; CO2 targets, and all that guff. But Porsche seems to think it is a surprise (unless they really have a surprise and are planning on revealing another Porsche hybrid altogether much sooner than we expected) as the press release we got in from Porsche has the enigmatic little tease of a headline – ‘Porsche: Hybrid world premiere’.

Tata appoints former GM Europe head Forster as group CEO

India's Tata Motors named former General Motors Co. executive Carl-Peter Forster as group CEO. Forster, 55, will be responsible for the company's global operations including the Jaguar Land Rover unit.