Arp 230-7305 Gm 200 & 700 4l60 & 4l80 Torque Converter Bolt Kit on 2040-parts.com

2014's best bargain cars under $16,000

Kia Are you currently in the market for a new car, but you aren't ready to take out a second mortgage in order to afford it? The automotive market these days is brimming with so many different models and options to choose from it can become quite an overwhelming process. Fear not, thrifty buyer, because you're in luck.

Lyonheart K Jaguar E-Type: Price from €360,000

The Lyonheart K – a recreation of the Jaguar E-Type – will cost from €360k for the Coupe and €375k for the Convertible (pus vat). For your €360k plus VAT (roughly £366k inc vat) you get all the beauty of an E-Type but with modern underpinnings including the heart of a Jaguar XK and its 5.0 litre supercharged V8 with Cosworth tweaks to deliver 575PS offering a very non-E-Type 0-62mph of under 4 seconds. Fifty per cent of Lyonheart K production is staying in Europe, 20 per cent is off to the Middle East and 30 per cent to China, with a total of just 250 cars being built, starting in December 2013 and ending in the summer of 2015.

Dany Bahar wants £6.7 million compensation from Lotus

The Dany Bahar saga at Lotus continues with Bahar claiming £6.7 million compensation for his firing as Lotus CEO. Back in May, ex-Ferrari man Dany Bahar was ousted as CEO of Lotus, confirmed a month later by Lotus parent DBR-Hicom who appointed Aslam Farikullah – an engineer, not a marketing man – to oversee a way forward for Lotus, and just last week Lotus put Bahar’s custom Esprit up for sale. But that appears not to be the end of dealings between DBR-Hicom and Bahar as Bahar has issued proceedings against his former employers seeking compensation of £6.7 million for wrongful dismissal.