Aguri Suzuki has revealed he is “forced to consider the future” of his Formula One team after a potential investor pulled the plug on a multi-million pound deal.

The future of financially-stricken Super Aguri is again up in the air, with the team struggling to be on the grid for next week’s Spanish Grand Prix in Barcelona.

Russia’s sixth richest man is considering whether to make a bid for struggling British car maker Jaguar, it was reported today.

Workers at MG Rover were today hoping more jobs would be created at its Longbridge, UK factory after Chinese firm Nanjing bought the collapsed carmaker.

Business trouble-shooter David James is expected to file a £40m (€58m) bid for MG Rover within 48 hours, it was reported today.

The former head of Ford in Europe, who sued the US car giant for almost £40 million, is to be the new boss of Maserati.

The former head of Ford in Europe, who sued the car giant for almost €60m, is to be the new boss of Maserati.

Ford Motor has announced that the executive in charge of the Mazda brand is to help run its money-losing European operations.

CAR manufacturers Ford last night called for radical changes to the motor taxation system to help protect the environment.

A SALES tax to finance specific local authority projects should be considered by the Government, Cork Chamber of Commerce president John Cashell suggested last night.

Declan Colley reports on the reinvention of a major player in Grand Prix