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GM and Chrysler in merger talks

By Ben Oliver Motor Industry 13 October 2008 09:12 General Motors and Chrysler are in talks to merge and create the world’s biggest car company. Reports in the New York Times and Wall Street Journal say the talks have been underway since the start of October 2008, and sources close to the possible deal put its chances of success at ’50-50’. All three US car makers have seen their sales decimated in recent months and have been forced to deny that they might seek bankruptcy protection.

McLaren P1 GTR (2015): 986bhp track-only P1 to be unveiled at Pebble Beach

By John Mahoney First Official Pictures 25 July 2014 14:03 McLaren has confirmed it will unveil a track-only version of the P1 supercar at Pebble Beach Concours d’Elegance on Friday 16 August2014. Called the P1 GTR, McLaren’s take on the ultimate track day weapon is not street legal and gets 83bhp more than the standard P1, boosting power to 986bhp. The teaser image, released ahead of Pebble Beach, hints at the huge changes engineers have made to the more powerful, tracksuited P1.

'Project paradise' up for grabs

IT COULD be project paradise for keen car owners this month, when a series of fabulous cars in need of restoration go under the hammer. The Anglia Car Auctions Classic event will take in project cars from across the decades, with one amazing lot more than 100 years old. There are sought-after Alfa Romeos, including a 1978 Alfasud that was raced by former British Touring Car champion Steve Soper and a 1988 Spider, the latter of which has an estimate of just £500.