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Caterham Seven 165 prototype stars at the 2013 Frankfurt Motor Show

2013 marks 40 years of Caterham Cars since what was originally a Lotus dealership took over production of the Series 4 Lotus Seven in 1973. Now, at Frankfurt 2013, the British manufacturer is debuting its newest model – the Seven 165 prototype – set to become the entry-level version and the lightest, most efficient Caterham ever when it goes on sale in the UK in 2014. We like the fact that you will be able to buy a Caterham for less than £17,000 and still be able to embarrass much more expensive machinery when the going gets twisty.

Toyota Auris Touring Sports: Price from £15,595

The new Toyota Auris Touring Sports – the Auris Estate – will start from £15,595 for the Active 1.33-litre Dual VVT-i rising to £22,845 for the Excel Hybrid. The new Auris Estate will start at £15,595 for the Active 1.33-litre Dual VVT-i and top out at £22,845 for the Excel 1.8 Hybrid Synergy Drive with CVT box, and in between will be two other engine choices - 1.4 D-4D and 1.6 Valvematic – and a total of four trim levels – Active, Icon, Sport and Excel. The trim levels mirror those on the Auris hatch, so the Active trim gets Climate, Hill Start, roof rails and 15″ steel wheels, with the Icon trim adding 16″ alloys, Fogs, Touchscreen Infotainment with Bluetooth, DAB and rear view camera.

Cash-for-clunkers deal to end Monday night, government says

The Obama administration plans to cut off dealer funding for the cash-for-clunkers program on Monday at 8 p.m. Eastern, after finding that the $3 billion fund is nearing depletion, Transportation Secretary Ray LaHood said. "The overriding objective was to be conservative and to provide an adequate window for a soft landing," a senior administration official said in a conference call with reporters Thursday.