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Geely to enter to US market with help from Volvo

Geely Automobile Holdings told reporters in Hong Kong on Aug. 23 that it plans to start exporting cars to the United States with help from Volvo. Geely is hoping the Swedish company’s reputation will help it succeed in new markets after the firm stumbled on its first trip to the States at the Detroit auto show in 2006.

CONFIRMED: McLaren P13 will arrive in 2015 to take on Porsche 911 & Audi R8

McLaren has confirmed the McLaren P13 will arrive in 2015. The original plan for McLaren’s new range of supercars was that the 458-bashing 12C would arrive first (which it did) followed by a more affordable mid-engined car – think nearer £100k than £200k – to mop up sales from the Porsche 911 and Audi R8. But McLaren decided they should get the P1 out before the P13 so they could give their dealer network a nice halo model, and go head-to-head with LaFerrari and the Porsche 918 Spyder.

Lotus V8: the new engine plan in full

Lotus has confirmed details for its new inhouse V8 engine family, which will make its first road car appearance in the 2013 Esprit. Responding to feedback which said the 'New Era' plan to launch five new models was weakened by its reliance on Toyota engines, the new management team decided last Christmas to design and develop its own engine. 'The feedback from customers was "how can you justify a £100,000 car with a Toyota engine?",' said chief executive Dany Bahar.