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Aston Martin Vantage upgraded for 2012

Aston Martin's Vantage receives upgrades for 2012, with the base Vantage V8 getting the most attention. The Vantage V8 retains the 4.7-liter, 420-hp V8 and six-speed manual as standard equipment, but it now will be offered with the optional seven-speed Sportshift II from the Vantage S. The automatic transmission has closer ratios, a lower final drive ratio and quicker shifts than the previous Sportshift unit.

Lotus, Toyota celebrate engine deal

Lotus CEO Dany Bahar presented Toyota president Akio Toyoda with a Lotus Elise this week at the British Embassy in Tokyo, celebrating the companies' long partnership. The Elise was equipped with Toyota's last 2ZZ-GE VVTL-i engine, the same engine found in older versions of the Lotus Elise and Exige. “The presentation of Toyota's last 2ZZ engine in the Elise is a symbolic gesture of our continued respect and deep appreciation for our partner not only acknowledging our past, but also looking forward to our future together,” Bahar said in a statement.

Saab pulls out of Frankfurt motor show

It's become a cliché in the automotive press to proceed Saab with the word 'troubled' recently. Yet the company's latest announcement does little to dispel the notion that all is not well in Trollhatten, as it has announced that it will not be featuring at September's Frankfurt auto show. The Swedish car manufacturer has had trouble paying suppliers in recent months, and it is thought that Saab will instead use the money allotted to Frankfurt in order to pay them.