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Lotus Exige Sport 240

By Damion Smy Motor Shows 15 October 2007 05:48 Another day, another Lotus? They don’t quite come around that often but this is another iteration of the Exige, but it is a model exclusive to Australia. The supercharged Toyota engine receives another 20bhp over the Exige S to take it up to the headline 240.

Volkswagen to launch budget brand, priced from £4800

Volkswagen is planning to launch a new budget brand to challenge the likes of Dacia – and the bargain basement minis will be sold in Europe too. Prices for the yet-nameless new cheap VWs will start from just €6000, or £4800, according to paperwork seen by CAR. How can VW build city cars so cheaply?

Legendary Chevrolet Corvette 427 returns as convertible for anniversary celebration

More than 40 years have passed since Chevrolet labeled a Corvette with a 427 badge. But beginning this summer for a limited run, the legendary nameplate will return on a convertible model commemorating the marque's 60th anniversary. The car was unveiled to the public for the first time on Friday night at the Barrett-Jackson auction in Scottsdale, Ariz., where the rights to purchase the first car with serial No.