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Subaru appoints sales specialist as its new global president

The maker of Subaru-brand cars has tapped a marketing and sales specialist to be the company's new president and lead global automotive operations in the post-quake era. Yasuyuki Yoshinaga, 57, is currently an executive vice president at Subaru's parent company, Fuji Heavy Industries Ltd. He takes the title of president and COO, pending approval at the company's annual shareholders' meeting on June 24, Fuji Heavy said May 10.

David Brown’s Speedback is an Aston Martin DB5 for 2014 (video)

The David Brown Automotive Speedback (pictured) revaled ahead of Monaco debut Last month we revealed that the David Brown Automotive’s take on a classic, luxury British Sports Car would be based on the underpinnings of the Jaguar XKR, and we’d expected another classic E-type creation like the Lyonheart K being built by Envisage (as is the David Brown car). In fact, the David Brown Speedback – for that is what David Brown is calling his company’s creation – looks instead like a classic Aston Martin from the 1960s – think DB5 or DB6 – with perhaps a few hints of Maserati and Ferrari from the same era too. And it looks great.

Caterham F1 team sold: 'F1 hasn't worked' - Fernandes

Tony Fernandes today sold his struggling Caterham F1 team By John Mahoney Motor Industry 02 July 2014 16:04 Caterham Group has announced it’s sold Caterham F1 to a consortium of Swiss and Middle Eastern investors. Caterham cars is not part of the sale. In a statement issued today, the sale of the team was said to allow the Caterham Group to focus on its ‘core activities’ that include the British car maker.