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Caterham launches surprise motorbike division

CAR MAKER Caterham has created a motorcycle division in a shock announcement that sees the brand break new ground. The company, which as well as manufacturing the famous Seven roadster operates one of Formula 1 racing’s 11 teams, has revealed three prototype bikes to kick its two-wheeled ventures off. These prototypes, two of which look more like bicycles, have been scheduled for production in 2014, sparking surprise and debate among bikers and sports car fans.

Third Tesla Model S catches fire

Update: According to an Automotive News report, "NHTSA said it will contact local authorities about the latest fire 'to determine if there are vehicle safety implications that merit agency action.'" The agency had previously backed away from an investigation after determining that vehicle defects were not to blame for the fire in early October. Just after Tesla Motors reported a $38 million third-quarter loss and within a few weeks of two other car fires, a third Model S sedan reportedly burned on the highway near Smyrna, Tenn. The Tesla Motors Club forum supplied photos of the crash, which occurred around 1:30 Wednesday afternoon, in addition to intense speculation on the cause of the fire.

Autoweek in review: Lamborghini Egoista, Maserati Quattroporte and Ecclestone's bribery charge

Tesla's impressive first-quarter sales topped the news Monday, as the Model S outsold the luxury competition. Racing veteran Derrick Walker was also named IndyCar's president of competition and operations. Tuesday, details surrounding the Acura NSX emerged, and we took a look at the Lamborghini Egoista.