Caterham F1 assets up for auction
Any remaining questions over the future of the Caterham F1 team can finally be put to rest as its assets are put up for auction.
Assets
Spyker settles tax debt, cancels auction of assets
News hit last week that Spyker appeared to be in trouble. Citing an outstanding tax bill, local authorities had apparently seized an array of the company's assets – including racecars, road cars, concept cars and spare parts – and were selling them off in order to pay off the company's debt. It now seems, however, that Spyker is in the clear.
Would the sale of Jaguar involve Land Rover, too?
Auto analysts are taking the hiring of Wall Street investment banker Kenneth Leet by Ford as a signal that the automaker is considering some drastic moves to get back in black. Chief among them is possibly selling off Jaguar, which of the four members of Ford's Premier Automotive Group, has shown the least potential for profitability. Speculation over buyers has already started with P
Could GM be considering selling Holden?
According to Graeme Maxton of Autopolis, General Motors may consider selling off its Australian Holden brand.