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Singapore billionaire Peter Lim invests in McLaren Automotive
Fri, 19 Aug 2011Singapore 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.
2014 World Car of the Year: the finalists
Wed, 12 Mar 2014Among all the unveilings and glitz at last week’s Geneva Motor Show, the shortlisted shortlist (yes, really) for the World Car of the Year awards was announced. Sure, manufacturers are constantly gloating about adding to their trophy cabinets, but these are the awards that matter. They’re judged by journalists from around the world, including MSN Cars contributor Peter Burgess.
Maserati sales up 4-fold in UK & Europe this year
Mon, 12 May 2014The Maserati Ghibli (pictured) helped Maserati to strong sales in UK & Europe Maserati are on a mission to revive sales for the marque after years of being just an afterthought for car buyers fancying something interesting and Italian. And it seems to be working. The new Maserati Ghibli (and the Quattroporte) are starting to appeal to car buyers in the UK and Europe so much that sales so far in 2014 are up by 420 per cent on 2013, and although the actual numbers aren’t massive, the progress certainly is.