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Team Lotus snaps up Caterham +video

Team Lotus buys Caterham Cars - and a Team Lotus Special Edition Seven to celebrate Team Lotus – that’s the ‘Lotus’ F1 run by Tony Fernandes, not the Hethel mob run by Dany Bahar – has bought Caterham Cars from Corven Ventures for an undisclosed sum. Which is all very apposite, what with Caterham being the spiritual home of Colin Chapman’s Lotus Seven and keeper of the Chapman ethos of lighter is better. To tie Caterham back in to the Lotus name could work wonders for sales.

Ralph Gilles talks past, present and SRT future

Ralph Gilles -- SRT boss, Chrysler vice president of design, curator of something called the "Man Van," has become the public face of Chrysler performance, carrying the legacy of Firepower engines and 428 Coronets and the Dodge Viper RT/10 into the future with the Challenger, Charger and Jeep Grand Cherokee SRT8s. Since "unofficially" helping form it in 2003, Gilles has seen SRT transformed into Chrysler's most coherent performance strategy since Plymouth Rapid Transit, a company-wide force so much greater than the flagship Dodge Viper. He was there from the beginning.

Wolfgang Bernhard will take key post at Mercedes-Benz

Wolfgang Bernhard will take a key role at Daimler AG's Mercedes-Benz Cars unit, the company said today. Bernhard will join Daimler's management board with responsibility for Mercedes-Benz Cars' production and procurement and for the Mercedes-Benz vans division, a statement said. Bernhard, 49, was Daimler CEO Dieter Zetsche's right-hand man at Chrysler before Daimler sold its former U.S.