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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.

SsangYong SIV-1 Concept heading for Geneva

Another new SsangYong Concept – the SsangYong SIV-1 – is heading for Geneva 2013 to join the new Rodius debut. SsangYong are heading to the 2013 Geneva Motor Show with a new version of the Rodius, which we’re hoping (although not with too much confidence) will be a big improvement on the very challenging looks of the current car. The hope that SsangYong will manage to deliver a Rodius that doesn’t frighten small children is boosted today with the first photos of a new concept from the Indian-owned Korean car maker – the SsangYong SIV-1 Concept (pictured above) – which will arrive at Geneva alongside the new Rodius.

Porsche Cayenne S Hybrid revealed

The Porsche Cayenne S Hybrid - V8 performance and 31mpg We brought you details on the Porsche Cayenne Hybrid back in February, but Porsche has just issued a press release confirming the details. Porsche are claiming their heritage is the Hybrid car. Ferry Porsche developed a Hybrid car in 1900, linking a 15bhp four cylinder engine to an 80 volt dynamo.