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Team Lotus buys Caterham Cars

Caterham Cars has been sold to Team Lotus Enterprise, the holding company for the Team Lotus Formula One team.  So Lotus has bought back the Caterham Seven? No. Team Lotus, the UK-based F1 team owned by Malaysian businessmen Tony Fernandes, Kamarudin Meranun and SM Nasarudin has done the deal. You're thinking of Group Lotus, the makers of Lotus sports cars led by Dany Bahar – Group Lotus sponsors of Lotus Renault GP, the UK-based F1 team that was formerly Renault.

Huntsman U-Box concept explores use of carbon materials

If you attended our Car Design Night at this year's Geneva motor show, you may well have seen the U-Box concept vehicle parked outside the entrance. Developed by Huntsman Advanced Materials, this 'last mile' delivery vehicle is a showcase of the company's composite materials expertise. "The D3 Group [based in Paris] designed the car and also came up with the idea of 'last-mile delivery'," explains Harald Wiedemann, Vice President of Huntsman Advanced Materials (EMEAI).

Mercedes S Class production cut as sales fall

Mercedes is cutting production of the range topping S Class to a one shift operation as sales fall ahead of the new 2013 S Class. But there are now plenty of signs that even premium car makers are not immune from the economic climate – particularly in Europe – as sales start to slide. We recently commented that Jaguar sales are not as strong as they were and now it seems Mercedes is starting to feel the punch as sales of the range-topping S Class falter.