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Team Lotus snaps up Caterham +video

Team Lotus buys Caterham Cars - and a Team Lotus Special Edition Seven to celebrate Team Lotus – that’s the ‘Lotus’ F1 run by Tony Fernandes, not the Hethel mob run by Dany Bahar – has bought Caterham Cars from Corven Ventures for an undisclosed sum. Which is all very apposite, what with Caterham being the spiritual home of Colin Chapman’s Lotus Seven and keeper of the Chapman ethos of lighter is better. To tie Caterham back in to the Lotus name could work wonders for sales.

Porsche preps a Panamera wagon concept for Paris motor show

Porsche will preview plans for a Panamera-based wagon concept in September at the Paris motor show. It is set to provide telling clues for the direction of a production version that could arrive in several years. This would lend an additional element for increasing Porsche's sales as part of parent company Volkswagen's ambitious growth strategy.

McLaren MP4-12C software fixes done – deliveries re-start

McLaren MP4-12C - back on track The birth of the McLaren MP4-12 C should have been a cause for real celebration; the first new McLaren in a generation (almost) and a Brit competitor for the Ferrari 458. But there have been problems. Like all small car makers, McLaren has to buy-in most of the clever computer whiz-bang stuff all new cars have, which means McLaren’s tech-bods have to work out how to make it all play pretty together.