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Gumpert Insolvent

German supercar maker Gumpert has filed for insolvency after a foray in to China failed to realise the expected sales. We’re beginning to wonder if the only garden shed supercar makers actually able to make a go of things are British? Gumpert – German maker of extreme supercars – has instigated insolvency proceedings after its plan to make the newly wealthy Chinese fall in love with its bonkers cars floundered.

Barcelona’s Ferrari Land to open in 2016

Ferrari and PortAventura Entertainment -- a subsidiary of industrial solutions and capital company Investindustrial -- have inked a deal to build a new Ferrari Land amusement park inside the PortAventura resort near Barcelona, Spain. The theme park will cover 807,000 square feet, including attractions like Europe’s highest and fastest roller coaster, five-star accommodations, 250 hotel rooms and a driving simulator. The project involves an investment of 100 million euro ($139 million).

Hyundai i45 / Hyundai i40 / Hyundai Sonata confirmed for Oz

Hyundai has reveled its Sonata replacement in Australia - the Hyundai i45 Last year – in September to be accurate – Hyundai launched the replacement for the Hyundai Sonata in its home market of Korea. We knew then that the Sonata name would stay for some markets, but in keeping with Hyundai’s latest nomenclature we were going to get the i-something, to go along with i10, i20, i30, ix35…. We reckoned Europe would get the Hyundai i40, not the Hyundai Sonata.