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Caterham announces cut-price Seven 160 sports car

BRITISH sports car maker Caterham has announced a new low- priced version of its long-running Seven model. Dubbed the Seven 160, the new model starts at a measly £14,995 in component form or £17,995 fully built. Under the bonnet there is a turbocharged 660cc Suzuki engine and although this only offers up a modest 80bhp, that's still enough to power the lightweight Seven from 0-60mph in 6.5 seconds.

2011 Audi R8 GT, an AW first look

Three years after it burst onto the supercar scene, Audi has unveiled a hard-core version of its R8 called the GT. Based on the existing mid-engine R8 V10 and incorporating aerodynamic, weight-saving and mechanical developments used by the company's R8 LMS GT3 race car, Ingolstadt will build just 333 copies of the new 560-hp four-wheel-drive performance flagship. Pricing has not yet been revealed, but given the extent of the changes to the new two-seater, buyers should expect a hefty premium over the R8 V10's $147,000 price tag when the GT goes on sale in North America.

Driven: Fisker Karma

Even top-flight car designers are usually not known for their business acumen. So Henrik Fisker's announcement that he would build the "the world's first luxury plug-in hybrid" was met with some cynicism as he stood next to his Fisker Karma concept at the 2008 NAIAS in Detroit. Three years on and CDN is one of the first to get to drive Fisker Automotive's production Karma, a car so hot of the press this model is number three or four off Valmet Automotive's production line in Finland.