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Caterham sells F1 team

Caterham The Caterham Formula 1 team has been sold to a consortium of Swiss and Middle-Eastern investors following a poor season so far in 2014. Rumours that Caterham would cut its losses have been rife, since team founder Tony Fernandes threatened to quit if things didn't improve this year. The team is currently bottom in the championship and Fernandes hinted of an exit last week, when he tweeted “F1 hasn't worked, but love Caterham Cars.” Graham Macdonald, Caterham Group CEO: “Firstly I want to thank everyone who was involved in the F1 team for all their hard work and dedication since the team’s first days in 2009.

Bentley SUV (Falcon/EXP 9 F) to launch in Q1 2016

Bentley SUV (Falcon/EXP 9 F) to launch in Q1 2016 But we do know Bentley want to create a new niche with their SUV, that they will be investing heavily at Crewe to make the SUV – creating many new jobs in the process – and that it will launch at some point in 2016. But now we know Bentley plan to launch their SUV in Q1 2016 after Bentley’s Chris Buxton, Regional Manager for Middle East, Africa and India, told Indians Auto Blog: We are launching it in the first quarter of 2016. So I think between now and then it might get underground a little bit as we develop it and then closer to launch you will see what the car looks like.

Mitsubishi Outlander (2012) first official pictures

Mitsubishi today showed off its new third-generation Outlander. It follows after a string of concept cars showing what direction Mitsu is pursuing for its 2012 Outlander. The company says it's 11 years since it coined the phrase 'crossover' - that's some claim - and it'll show off the new Outlander at the 2012 Geneva motor show.