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£10 million cash boost for Lotus

Business secretary Vince Cable has visited Lotus’ Norfolk headquarters today, where he announced the company would be awarded £10.44 million from the Regional Growth Fund. The money will be used for research and development of products, as well as staff training. The sports car company expects to create 313 full time jobs to support production over the coming years.

Audi R8

By Ben Oliver Motor Shows 28 September 2006 01:46 The lowdown Audi has unveiled its first mid-engined sports car, the R8. The 420bhp, 4.2-litre V8-powered 911 rival will hit 188mph (or 301kph) and gets to 62mph in 4.6secs. The Lamborghini Gallardo-based supercar will cost an estimated £75,000 when it arrives in the UK in May, with the Audi R Tronic sequential manual costing an extra £5000.

Audi A7 breaks cover

This is Audi's new A7--the sleek, upmarket liftback previewed by the Sportback concept at the 2009 Detroit auto show. The A7 aims to provide the company with a stylish but practical rival to contemporary four-door luxury cars such as the Jaguar XF and the second-generation Mercedes-Benz CLS. Revealed at a gala presentation in Munich on Monday, the A7 is the second liftback model launched by Audi recently, following the smaller A5.