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Lincoln aims at luxury crossovers with MKT

In an effort to grow the brand to customers who normally buy imports, Lincoln will offer up a full-size crossover, the MKT, that is due in dealerships in late summer. We saw the Lincoln MKT at the Detroit Auto Show. As sales of full-size sport/utility vehicles decline--Lincoln says industry-wide sales are down 5.2 percent for 2008--sales of crossovers are growing.

Caterham calls time on iconic Superlight R500

By Adam Binnie Motor Industry 08 July 2014 10:52 The final Caterham Superlight R500 has rolled off the production line as the Dartford sports car maker closes the order book on one of its most extreme creations. The 253bhp R500, which is capable of reaching 60mph in 2.88 seconds, pirouetted onto the scene in a cloud of tyre smoke in 2008. This lightweight David went on to win hearts and minds around the world by beating the Goliath Bugatti Veyron on Top Gear TV’s test track by nearly half a second.

Chrysler to build four versions of Fiat 500 for U.S. market

Chrysler will build and sell four versions of the tiny Fiat 500 in North America starting in 2011: a hatchback, a convertible, a station wagon and a sporty hatchback. A fifth model--a small, four-wheel-drive SUV--also is possible. They will wear the Fiat brand.