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£10 million cash boost for Lotus

Business secretary Vince Cable has visited Lotus’ Norfolk headquarters today, where he announced the company would be awarded £10.44 million from the Regional Growth Fund. The money will be used for research and development of products, as well as staff training. The sports car company expects to create 313 full time jobs to support production over the coming years.

New Mercedes SLS planned – & it won’t be a hybrid

AMG’s Tobias Moers has confirmed that a new Mercedes SLS is planned – as is a sub-SLS SLC – but it won’t come with hybrid power and electric assistance. But the Mercedes take on a supercar – the Mercedes SLS – isn’t set to go down the KERS route ant time soon according to AMG’s Director of Vehicle Development, Tobias Moers, who said that a next generation SLS – which is under development – would rely on weight saving and engine tweaking, just like the new Mercedes SLS AMG Black Series (pictured above), rather than electric assistance for its performance. Moers also said that Mercedes and AMG realised that the AMG brand doesn’t have the cachet of Ferrari and they have no plans to produce a car to go head to head with LaFerrari (or even the McLaren P1) so we won’t be seeing a hyper-SLS pushed upmarket in to the firing line of Ferrari any time soon.

Subaru Advanced Tourer Concept Tokyo Debut

Subaru Advanced Tourer Concept arrives at the Tokyo Motor Show Just as they did at the 2009 Tokyo Motor Show, Subaru have brought along a hybrid estate – the Subaru Advanced Tourer Concept. You have to conclude that Subaru are serious about producing a hybrid estate car. They brought along a hybrid Tourer Concept to the 2009 Tokyo Motor Show and, after teasing it earlier in the month, they’ve revealed the new Advanced Tourer Concept on the Subaru stand at Tokyo.