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Singapore billionaire Peter Lim invests in McLaren Automotive
Fri, 19 Aug 2011Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.
2013 BMW 5 Series Facelift – Saloon, Touring & GT
Sun, 19 May 2013Facelift for the 2013 BMW 5 Series We knew the next BMW News would be the arrival of a facelift for the 5 Series, especially after BMW accidentally previewed it with a configurator that went online too early. But now the 5 Series facelift is here, and what it lacks in real changes BMW has made up for in photos – they’ve sent us over 200 photos of the new 5 Series – Saloon, Touring and GT – maybe in the hope that a mass of photos will make us think the changes are extensive. They’re not.
Opel / Vauxhall Ampera on hold over Chevy Volt fire
Sat, 03 Dec 2011Opel / Vauxhall Ampera on hold over Chevy Volt fire With the NHTSA investigating Chevy Volt battery fires, the debut of the Opel/Vauxhall Ampera has been put on hold. If you ignore the price, we’re all in favour of the range extender hybrid option as the most elegant solution to electric cars. But new technology is not without its problems, as GM are finding out with the Chevy Volt.