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Lotus V8: the new engine plan in full

Lotus has confirmed details for its new inhouse V8 engine family, which will make its first road car appearance in the 2013 Esprit. Responding to feedback which said the 'New Era' plan to launch five new models was weakened by its reliance on Toyota engines, the new management team decided last Christmas to design and develop its own engine. 'The feedback from customers was "how can you justify a £100,000 car with a Toyota engine?",' said chief executive Dany Bahar.

Porsche 928 to be reborn as Porsche Panamera Coupe

Porsche boss Matthias Mueller has revealed plans for new variants on the Porsche Panamera – including a Panamera Coupe – and more new models. Porsche boss, Matthias Mueller, has confirmed that Porsche are planning to extend the Panamera offerings with a coupe and probably a production version of the very convincing  Panamera Sport Turismo Concept we saw at Geneva in the spring, although nothing has been signed off yet. The most likely time for the Panamera Coupe and Shooting Brake to arrive is after Porsche refresh the Panamera next year, so we should expect a ‘new 928′ to arrive some time in 2014.

New life for Lincoln from the ashes of Mercury

The demise of Mercury has one potentially positive outcome for the car world: a revitalization of Lincoln. News of Mercury's pending closure was paired with Ford's plans to boost Lincoln's lineup. Six new or significantly refreshed products will arrive in the next four years, and a seventh, the restyled MKX, is preparing for launch.