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Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.

Strate Collège Degree Show 2008

Strate Collège in central Paris held its annual Degree Show June 18-19, displaying works from students graduating from the Industrial Design programs. Twelve students from the Transportation Design program presented their work. Scythe Nicolas Guille 'Between earth and sky' - how do we recreate the dream around a now commonplace object: the automobile.

Saab offers free iPad with pre-order of the 9-4X

Beginning in mid-January, the first 500 people to place an order for the Saab 9-4X can also receive an Apple iPad--they just have to put down $500 on top of their dealer's pre-order deposit. The iPad will be delivered two to three weeks after the order is placed, and participants will receive a $500 credit toward the 9-4X upon the vehicle's delivery. And in case a person cancels his or her order, he or she can keep the iPad.