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Renault buys Caterham out of the joint Alpine sports car venture

Renault buys Caterham out of the joint Alpine sports car venture It’s more than eighteen months since Renault and Caterham joined forces to create a new breed of sports cars around the Alpine brand. Renault say the arrangement is a mutual one and officially brings to an end the joint venture, and that the business will be renamed Société des Automobiles Alpine this month, although Renault aren’t excluding further ventures with Caterham in the future. The split means that the Alpine project will now be a purely Renault one, and Renault are planning to get their Alpine to market by 2016.

Toyota announces prices of the Prius V and Prius Plug-in hybrid

Toyota announced pricing of the new Prius V and Prius Plug-in on Friday. The new compact V wagon will carry an MSRP of $27,160, while the plug-in hybrid stickers at $32,760. Both include $760 in destination and handling, but only the plug-in is expected to qualify for the $2,500 government tax credit.

Audi TTS Competition celebrates 500k TTs sold

The Audi TTS Competition (pictured) celebrates 500k TTs built It started off as something of a hairdressers car, but over the course of its 15 year history – and two iterations – the Audi TT has grown to be a credible sport car and a decent seller for Audi. That’s meant a total of 500,000 TTs have been solid since the TT first hit showrooms back in 1998, so Audi are celebrating with a new limited edition model – the Audi TTS Competition. The TTS Competition will be limited to just 500 units and will come in a choice of either Imola Yellow and Nimbus Grey, as a coupe or a roadster.