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McLaren P1 - full story at Paris motor show 2012

Journalists often talk of cars stealing the limelight at motor shows. If any larceny was witnessed at the 2012 Paris motor show, it was most likely occurring on the McLaren stand, where the stunning P1 hypercar made its world debut. This is the culmination of Project P12, renamed as the P1 concept car to reflect F1's obsession with first slot on the grid.

Renault Twin’Run gets 316bhp & pays homage to the Renault 5 Turbo

The Twin’Run is an extreme version of the next Twingo and manages to pay homage to the old Renault 5, with a thumping great V6 bolted in the middle and pumping out 316bhp and 280lb/ft of torque, enough to get to 62mph in 4.5 seconds and on to 155mph. The Nissan-sourced V6 gets mated to a SADEV six-speed sequential gearbox and comes with a limited slip diff to stop the tyres burning off when the going gets brisk. As well as endowing the Twin’Run with lots of power, Renault has also kept weight down to 950kg by using a tubular chassis, glass-polyester composite for the bodywork, lumps of carbon fibre and not a hugely laden interior.

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.