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Carbon Motors denied government loan for police cruiser

Carbon Motors, an Indiana-based company that aims to build police vehicles, said on Wednesday that the Department of Energy has denied its application for a loan under the Advanced Technology Vehicle Manufacturing program. The loan program was created under President George W. Bush and continued with President Barack Obama.

Lotus Elise (2010): a new face for evergreen roadster

By Tim Pollard First Official Pictures 16 February 2010 15:19 Lotus has just whisked the covers off the new, sleeker 2011 model year Elise – with a new fish-eyed face inspired by the Evora and a one-off 2007 'concept toy car' made for model car specialists Hot Wheels. The 2011 Lotus Elise will be shown at the 2010 Geneva auto show next month. It's a modest facelift with those wedgier lamps, LED day-running lights, more pronounced grille and fresh rear bumper and engine deck, but many of the changes are under the skin.Lotus Elise 2011: the engineering changesNorfolk continues its engine partnership with Toyota and has swapped the 1.8-litre four-pot for another Japanese-sourced four cylinder, this time downsized to 1.6 for the entry-level Elise S, sporting 134bhp and 118lb ft.It's the 1ZR engine with Valvematic breathing apparatus and a lower redline than the previous, manic 1.8.

Porsche 911 buyers flock to rare 24-month leases

Porsche is pushing 24-month leases for its 911 and is running a six-month lease pull-ahead incentive on all of its sports cars to offset a shortage of low-mileage used cars. This year, 22 percent of all 911 lessees have taken 24-month contracts rather than 36-month deals, says Michael Bartsch, COO of Porsche Cars North America. That compares with 10 percent before the push.