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December debut for Bentley GT3 racer

THE CONTINENTAL GT3 racing car will make its competitive debut at December’s Gulf 12 Hours race in Abu Dhabi, it has been confirmed. The 600bhp, twin-turbo V8 racer is the first Bentley model to hit the race track since 2003, when the Crewe-based outfit won the 24 Hours of Le Mans. This time Bentley will, officially at least, only use the two-part endurance race as a test to gauge the performance of the Continental GT3 ahead of a full entry into the 2014 FIA Blancpain GT3 racing championship.

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.

UK has 'highest car running costs'

THE UK is the most expensive country in the world for running a car, according to a new survey. Comparing the cost of fuel, insurance, road tax and MOT, on average it costs the UK motorist £3,453 a year, which is £1,000 more than in the USA and Australia, £1,825 than Japan and a full £2,000 more than in China. The survey, conducted by Webuyanycar.com, compared the cost of motoring in 21 countries on five continents, and revealed that on many fronts the UK motorist is paying more than anyone else.