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Lotus to invest £500 million to build Esprit, Eterne, Elite & Elan. 1900 new jobs

The new Lotus Esprit Dany Bahar – Lotus boss – revealed plans at last year’s Paris Motor Show to turn Lotus in to an East Anglian Aston Martin. Those plans included one car we knew about – the new Lotus Esprit – and a number we didn’t – the Lotus Eterne, Lotus Elite, Lotus Elan and a new Lotus Elite. But the plans seemed to be nothing more than a wish list, and although it was intimated that Lotus owners Proton were going to provide a war chest of £770 million to fund the development, that later appeared to be an intent to provide Lotus with funds to develop a new range of cars, rather than an actual commitment.

Next Dodge Viper will shed some rough edges

Little by little we're getting a clearer picture of the next-generation Dodge Viper SRT10. During a conversation with Dodge boss Reid Bigland at the Los Angeles auto show, Bigland told me the redesigned Viper "will appeal to a broader segment of the market." The car is expected to debut in 2012 but is not likely to appear at the Detroit auto show, he says. Today's Viper is essentially a street-legal race car.

Mercedes shows GLA45 AMG concept

Mercedes-AMG showed its take on a compact high-performance SUV at the 2013 Los Angeles Auto Show with the Concept GLA45 AMG. AMG says along with the distinctive design, power comes from the world’s most authoritative four-cylinder series production engine. That would be the AMG 2.0-liter turbocharged four, producing 355 hp and 332 lb-ft of torque.