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De Tomaso sold by Rossignolo

De Tomaso sold to unknown investors De Tomaso – the ill-fated Italian supercar maker – has been sold by Gian Mario Rossignolo after a financially fraught revival attempt. De Tomaso seems fated to lurch from one financial crisis to another – as it has throughout its history – with the latest efforts by former Fiat executive Gian Mario Rossignolo to revive the marque floundering for investment. And it looks like Rossignolo has given up the fight and sold out to unnamed investors.

Closed-road racing made legal in the UK

Could the UK host its own Mille Miglia? By Adam Binnie Motoring Issues 11 July 2014 15:52 A London Grand Prix on closed streets or even a Pikes Peak style hill-climb in the Lake District could now by possible after the Government approved plans to allow motorsport events on public roads. It is hoped that the decision to allow staged rallies, hill climbs and trials of speed on closed-road street circuits will give the country’s motorsport industry a jump start. Prime minister David Cameron made the announcement today while touring the new Formula One Williams factory in Oxfordshire.

Mitsubishi readies Outlander plug-in hybrid (2012)

Mitsubishi is set to pull the wraps off the plug-in hybrid version of its Outlander SUV at the 2012 Paris motor show. As CAR previously reported back in February, Mitsubishi is continuing its commitment to electrify its range, with the Outlander PHEV incorporating lesson's learned from the brand's fully electric iMiEV city car. Hang on.