New Ritchie Ra-91 Angler Compass on 2040-parts.com

New Lotus V8 will mean new 4-Cylinder engine too

2014 Lotus Elise - will get new 4-pot Lotus engine It seems that Lotus are deadly serious in their plans to build an all new V8 engine to drop in to the new Lotus Esprit, and it also seems as though the Lotus engine revival isn’t going to end there. The headline act is an all new modular Lotus V8 of 4.8 litres and boasting 562bhp. This is planned for the new Esprit, which is the only one of the crop of Lotus concepts actually under development, and will be ready to fire up in just a couple of months.

Ferrari 550 Barchetta Zagato GTZ sells at Bonhams

The Ferrari 550 Barchetta Zagato GTZ - fetched £350k at Bonhams Regular readers may remember that we exclusively reported that Zagato were working on five Ferrari 550 Barchettas to create the Ferrari 550 GTZ just over a year ago. That report caused all sorts of grief as Zagato and their photographer threatened us with all manner of hellfire and brimstone for spoiling their secret. The resulting grief meant we had to take down their photos, but our story stood.

News watch October 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 29 October 2010• Spyker has announced third-quarter losses have increased since its takeover of Saab. Spyker lost £35 million in 2010, compared to £3.6 million last year (BBC News)• GM will repay $2.1 billion of the Obama government's preferred stocks.