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Mitsubishi CEO pledges to stay in U.S., wants to quadruple sales

Mitsubishi Motors Corp. President Osamu Masuko says the company won't pull out of the U.S. market and that his personal mid-range sales target is 200,000 units a year, or roughly four times today's level of 50,000.

IFR Aspid – simply astonishing

The IFR Aspid drew a lot of attention at this year's Salon Prive Not the best known name in the motoring world, IFR – and it’s main man, Ignacio Fernández – are never the less a force to be reckoned with, and we’re pretty sure we’ll be hearing a whole lot more from them before too long. So what’s the IFR Aspid, I hear you asking. Think something akin to a Caterham 7, but sporting technology from Buck Rogers and with none of your garden-shed makers bare-bones creature comforts.

Lotus offers Final Edition models of the Exige and the Elise

It's the end of the line for the Lotus Exige and Elise models in North America. To celebrate, Lotus has created Final Editions for the Elise SC, the Exige and the Exige S260. The lack of availability of Toyota's 1.8-liter 2ZZ is partly responsible for the cancellation.