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De Tomaso sold by Rossignolo

De Tomaso sold to unknown investors De Tomaso – the ill-fated Italian supercar maker – has been sold by Gian Mario Rossignolo after a financially fraught revival attempt. De Tomaso seems fated to lurch from one financial crisis to another – as it has throughout its history – with the latest efforts by former Fiat executive Gian Mario Rossignolo to revive the marque floundering for investment. And it looks like Rossignolo has given up the fight and sold out to unnamed investors.

2013 Audi S3 – Paris debut

Audi has revealed the new S3 with a 296bhp 2.0 litre direct injection engine which will debut at the 2012 Paris Motor Show. The new Audi S3 – which will bow in at next week’s 2012 Paris Motor Sow – will join the new 5-door A3 Sportback on Audi’s stand at Paris and lay down a firm marker for Audi’s share of the market. The new S3 gets a new 2.0 litre direct injection engine - part of Audi’s EA888 engine range – to go with its new underpinning using the same MQB platform as the latest A3 range, making the new S3 both lighter and more powerful.

Proposed M1 Concourse car condos a country club for car buffs

Brad Oleshansky's a "car fanatic" who spends time cruising Detroit's Woodward Avenue, getting shooed out of parking lots by business owners. He sought a space conducive to show and work on cars. "I tried to envision a project where we could capture that whole scene in one destination," he said.