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Most of Saleen sold to Michigan group

The future of specialty carmaker Saleen Inc. is getting a little clearer: Most of the company was sold to a Michigan group last week after being on the block since November. An entity called MJ Acquisitions, which owns parts and engine companies in Michigan, bought Saleen’s performance street-car program, supercharger and aftermarket business from Los Angeles private-investment firm Hancock Park Associates.

Caterham Superlight R500 (2008): teaser photo

By Ben Pulman First Official Pictures 07 April 2008 15:33 This is the first picture of Caterham’s new Superlight R500. The teaser image appeared on the company’s website over the weekend, and is expected to be the Surrey-based manufacturer’s fastest-ever road car. Which makes it pretty darn quick.

BMW M7 coming after all?

Despite BMW’s stating they will never make an M7, BMW’s American boss Ludwig Willisch says it will happen. Three years ago the BMW ‘M’ anoraks got excited when they thought BMW was about to produce a range-topping M7, but it turned out the photos that elicited their excitement were simply a 7 Series with an M Sport pack bolted on. In answer to the M-anorak’s disappointment BMW pointed out – very sensibly in our view – that the market for an M7 would be tiny and that you could already have a 760i M Sport with a stunning V12 and 0-62mph in 4.5 seconds.