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Caterham F1 team sold: 'F1 hasn't worked' - Fernandes

Tony Fernandes today sold his struggling Caterham F1 team By John Mahoney Motor Industry 02 July 2014 16:04 Caterham Group has announced it’s sold Caterham F1 to a consortium of Swiss and Middle Eastern investors. Caterham cars is not part of the sale. In a statement issued today, the sale of the team was said to allow the Caterham Group to focus on its ‘core activities’ that include the British car maker.

Jeep Grand Cherokee (2011) first official pictures

Jeep has paraded its new Grand Cherokee 4x4, the pinnacle of its range of SUVs and its second biggest seller in the UK after the Patriot. The Grand Cherokee is a new model, not just a facelift although the underpinnings are carried over – albeit in spruced-up form.The 2011 model year Grand Cherokee evolves the chunky Jeep look and packs a whole load of new technology under the skin, according to Jeep. And the interior (one of the weakest points on Jeeps for years) has been improved, too.So what's new on the 2011 Grand Cherokee?Apart from those more chiselled lines that give the 4x4 quite a different character, Jeep promises better on-road dynamics thanks to the adoption of independent front and rear suspension systems and a much stiffer body structure.

Peugeot 4008

Born of a PSA – Mitsubishi partnership, this is Peugeot's latest SUV, the 4008. The mid-sized SUV uses the same platform as Mitsubishi's ASX and is ‘a modern response to the needs of all-terrain vehicle customers' according to Peugeot. It adopts an aesthetic that sits somewhere between Peugeot's latest identity – typified by the 508 – and the heavily contoured hood, grille-dominated DRG and drawn-back lamps we've seen from the brand over the past ten years or so.