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New car sales soar to 10-year high

NEW CAR sales soared in March, with the new 14 number plate helping registrations reach their highest monthly total for 10 years. A total of 464,824 new cars were registered last month - a rise of 17.7% on the March 2013 figure and the best since 466,954 were registered in March 2004, the Society of Motor Manufacturers and Traders (SMMT) said. The March 2014 and March 2004 figures represent the best two months for new sales since 1999 when the motor industry abandoned the August once-a-year number plate change in favour of twice-a-year changes in March and September.

Honda CR-Z to be built

By Steve Moody First Official Pictures 24 October 2007 11:51 Surely hybrids are worthy but dull? What’s going on with the slinky CR-Z? The CR-Z is only a concept at the moment, but it’s been given the green light to go into production by Honda president and CEO Takeo Fukui, and what you see here is a very close representation of the finished article.

Lotus secures more funding, but five-year plan is dead

The five-car, five-year plan for Lotus developed under Dany Bahar is dead, according to an Autocar report. But rumor has it that the sexy Esprit concept could be revived at a low cost. Tan Sri Mohd Khamil Jamil, managing director of the company that owns Lotus parent company Proton, DRB, confirmed that the company sold 70 cars in the U.K.