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Renault and Caterham to develop affordable sports cars

Renault and Caterham are to join forces to create new, more affordable sports cars under the Alpine badge. The two groups will establish a jointly owned new group – Société des Automobiles Alpine Caterham – under the leadership of Bernard Ollivier and will develop models to be sold as both Renault Alpine and Caterham. Tony Fernandes, Caterham Group Chairman, said: "We know the markets we are going into and, particularly in my playground in Asia, there is a huge opportunity to replicate the AirAsia model and give consumers access to exciting, affordable products that marry our interests in F1 and technology and help make their dreams come true." At this year's Monaco Grand Prix Renault unveiled the Alpine A110-50 concept, which was seen as a relaunch of the brand despite it being essentially a reworked version of the Renault-branded DeZir concept from the 2010 Paris Motor Show.

Top new car deals for President's Day weekend

It's President's Day weekend, which means a solemn celebration of two great Americans new car deals from coast to coast! Mattress blowouts too, but those are covered elsewhere. We're not entirely sure how Washington and Lincoln got associated with the war on high prices, but many car dealers use President's Day weekend to launch their first incentive programs of the year.

State of Scion: What's next for the original alternative-rock car brand

“This is gonna be awesome!” the spiky-haired guy in the Scion video screams, epitomizing in five words the enthusiasm the youth-oriented brand has tried to stand for over its seven-year history. But now there's competition. It's not enough to make quirky cars and market them to the alt-rock generation.