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Caterham in surprise motorbike racing move

Caterham has today revealed it is moving into motorbike racing, with the launch of a Moto2 World Championship team that will debut in 2014. The two-bike team will compete in the feeder series to the ultra-popular MotoGP championship, with one rider – American Josh Herrin – already being confirmed for one of the race seats. Caterham AeroSeven unveiled in Singapore Caterham Seven 165 prototype stars at the 2013 Frankfurt Motor Show Caterham will team up with Swiss motorcycle racing experts Suter Racing Technology to design the new bike.

L'argus European Design Competition 2004 announced

French magazine L'argus de l'automobile has launched its 3rd European Design Competition , with the theme: "Imagine the convertible utility vehicle" The competition has been run since 2002, asking students at European design schools to design original utility vehicles. The 2003 competition recieved more than 350 submissions from students of Europe's best schools of art and design. This year there are two major new features: extension of the competition to design students in the new European Union countries, and greater freedom for entrants, with a theme allowing more room for creativity.

California considers pay-as-you-go auto insurance

There are pay-as-you-go cell phones and all-you-can-eat buffets, and somewhere in between slots a new auto insurance concept under consideration in California. The proposed regulations would allow insurance companies to offer coverage plans paid for by the mile, in addition to traditional plans. The idea is to allow consumers to pay for what they use--and potentially save money.