1977-1978 Buick Lesabre Pontiac Firebird Grand Am Nos Flywheel 549368 on 2040-parts.com

Caterham – including Caterham F1 – up for sale for £350 million

Will the Caterham AeroSeven Concept (pictured) be a casualty of Caterham’s impending sale? Caterham’s foray in to F1 hasn’t been much of a success, with not a single point on the F1 board since they arrived in 2010 as Lotus Racing (although Marcus Ericsson was just one place off a point at Monaco yesterday). Now, after warning back in January that he would walk away from F1 if the Caterham team’s performance on track didn’t improve, it looks like Fernandes is ready to walk away from Caterham altogether.

Chrysler offers up to $6,000 in incentives on some cars

If consumers can overcome the connotations that ride shotgun with buying a new car from an automaker in bankruptcy, there are some deals to be had on Chrysler vehicles. The company said Wednesday that it will offer up to $6,000 in incentives on some of its new cars in May in the wake of a 48 percent sales drop in April. The incentives run through June 1.

Skoda Fabia vRS 2000 concept

With the Wörthersee Tour celebrating its 30th annual recurrence and the VW GTi celebrating its 35th anniversary, the Volkswagen Group is having a huge presence at this year's show. The Group's Czech arm is showing a new concept dubbed the Fabia vRS 2000, which has been specifically developed and built for the event. Drawing on the Fabia Super 2000 rally car, Skoda's designers have created an original roadster pursuing a single goal: dynamism and the joy of sporty driving.