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Fernandes confirms Team Lotus-Caterham deal

Tony Fernandes has officially confirmed that Team Lotus Enterprises has taken over tiny British sports-car maker Caterham Cars. Named after the London suburb where it was founded, Caterham bought the rights to the Lotus Seven design in 1973 and has been exploiting it ever since with increasingly sophisticated models that stay true to the original concept. The company is now based in Dartford, close to the Brands Hatch race circuit.

UK New car sales hit 394,806 in March 2013

The latest figures from the SMMT show that new car registrations in the UK in March 2013 hit 394,806, up 5.9 per cent over March 2012. The seemingly inexorable rise in new car registrations in the UK is continuing, with the Society of Motor Manufacturers and Traders (SMMT) reporting sales in March 2013 up 5.9 per cent on March 2012, with a total of 394,086 cars registered. These figures mean that new car registrations have grown for thirteen consecutive month and are now at their highest level since the Government introduced the Scrappage scheme in 2010 to try and breathe new life in to the market and encourage buyers to opt for low emission cars.

BMW i8 EV sold out until 2015

BMW i8 EV sold out until 2015 BMW’s i3 city car EV is now starting to hit the road, and the next instalment for BMW’s EV outing is the i8 Supercar, revealed at the Frankfurt Motor Show in September. Sales for the i3 have started very strongly, and it looks as though the i8 has an even stronger start with BMW confirming the whole of the first year’s run if the i8 are already spoken for. That’s despite the BMW i8 starting at almost £100k in the UK, but the i8 does have a lot going for it.