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Chrysler cuts Viper output amid slow sales, growing inventory

Chrysler Group has cut output of the SRT Viper by a third and will reassign scores of workers to other plants because of slow sales, growing inventories, and the onset of colder weather. Workers at Chrysler's Conner Avenue Assembly plant in Detroit, where the car is assembled, were told of the production moves today. None will be laid off; instead they will be reassigned to other Chrysler plants in the Detroit area, a Chrysler spokeswoman said.

New Volvo P1800 revealed by Volvo’s chief designer

Volvo P1800 re-imagined Volvo’s Chief Designer at its Monitoring and Concept Centre has recreated the iconic Volvo P1800 for the 21st century to celebrate its 50th anniversary. The Volvo P1800 is perhaps the most stylish car Volvo has ever produced, and 2011 marks the 50th anniversary of the most unlikely of Volvos; a Volvo that was to The Saint what the Aston Martin DB5 was to James Bond. Designed to be eye candy for Volvo dealers hoping for more footfall in showrooms full of Amazons, the P1800 was designed by Pelle Petterson – the son of Volvo consultant Helmer Petterson and the driving force behind the Volvo P1800 project - who worked for Italian designers Pietro Frau.

Team Lotus buys Caterham Cars

Caterham Cars has been sold to Team Lotus Enterprise, the holding company for the Team Lotus Formula One team.  So Lotus has bought back the Caterham Seven? No. Team Lotus, the UK-based F1 team owned by Malaysian businessmen Tony Fernandes, Kamarudin Meranun and SM Nasarudin has done the deal. You're thinking of Group Lotus, the makers of Lotus sports cars led by Dany Bahar – Group Lotus sponsors of Lotus Renault GP, the UK-based F1 team that was formerly Renault.