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Caterham offers ’40 Years of Caterham’ pack to quickest Seven buyers

Caterham has come up with a novel way to flog its new limited edition accessory pack – the goodies are only being offered to the first 40 customers to buy a brand new Seven, starting from today (10 May 2013). What’s in the 40 Years of Caterham pack? You’ll get a grey-painted chassis and ruby bodywork with bespoke stripes, and unqiue 15in ‘Caterham’-embossed alloy wheels with new wheel centres.

BMW 1 Series

BMW has just revealed the all-new 1 Series. The German automaker's second generation B-segment contender has grown 83mm longer, 14mm wider and has had its wheelbase stretched 30mm over its predecessor. Though the 1 Series is the smallest vehicle in the range, the new car retains proportions typical of BMW, with a long hood and wheelbase and a set-back cabin.

Is Ferrari for sale?

Reports out of Europe have Fiat considering selling a big chunk of Ferrari S.p.A. to raise cash so it can increase its stake in Chrysler Group to 51 percent. The Italian newspaper Il Corriere della Sera said it has gathered information at Fiat’s Turin headquarters and reported Fiat wants to raise cash to fund buying 51 percent of Chrysler, up from the 20 percent it owns now.