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McLaren 650S revealed early

The McLaren 650S (pictured) arrives a little earlier than McLaren planned Just a few days age we had the first tease for the new McLaren 650S, a car McLaren said was aimed between the existing 12C and the hypercar McLaren P1. We speculated the 650S would be a tweaked 12C with more power and styling tweaks, and that’s exactly what it is. Driving has managed to publish the first official photos this morning (albeit in fairly low res) and it’s clear the 650S is the 12C with a healthy does of P1 mixed in for extra appeal.

Renault-Nissan and Mitsubishi to join forces

MITSUBISHI and the existing Renault-Nissan alliance are set to work together on a series of new cars. Discussions aren’t finished but as part of the deal Mitsubishi will get hold of a Renault chassis large enough to use as a base a full-size saloon for the North American market. The firms will also further develop an electric version of a Japan-only ‘kei car’.

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.