Megan Racing Lowering Springs /acura Rsx Base And Type S 02-04 on 2040-parts.com

Lotus announces 100 new jobs

Lotus Lotus is on a recruitment drive - prompting confidence that the iconic British sportscar firm’s future looks brighter than it has for years. The company has suffered a rollercoaster ride since relaunching in 2010 with a bold promise to build five new sportscars and a supermini. But the architect of that plan, CEO Dany Bahar, was fired by the company's Malaysian owners and the expansion has since been wound down.

Cash for clunkers: Is it ready for prime time in America?

One proposed solution to prop up new-car sales in the United States involves paying bonuses to owners of older vehicles who send their cars to the scrapyard and buy new ones. Proponents say that not only does the auto industry benefit, but so does the environment, as emissions decrease and fuel economy typically improves in newer models. Critics, however, say that scrapping older vehicles hurts collectors by reducing the number of older models available and also hurts those least able to afford to buy newer vehicles by driving up the price of used cars.

Audi announces 2015 A3 pricing

The last A3 we drove, an Irish-spec model with cloth seats and a 1.4 TSI engine paired with Audi's S-tronic twin-clutch gearbox, retailed for $54,495. Thankfully, American buyers won't face that sort of out-the-wazoo payment when the new sedan arrives early next year. Audi's announced a price that takes a direct shot across the bow of rival Mercedes-Benz' CLA: $29,900.