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Caterham details new Seven 160 and 165

The Caterham Seven 160 and 165 are the next track weapons to come from Caterham Cars. And even though they won’t come to the United States, we figured you’d like to know about what we’re missing out on. Hey, you may travel to England one day and need a rental car, and not be able to find one, so you might pick up a cheapish new car to tour the countryside, leaving it behind when you come home.

General Motors to kill Daewoo name in South Korea, switch to Chevrolet

General Motors Co., trying to position Chevrolet as a key global brand, is killing the long-used GM Daewoo name in South Korea and putting the Chevy bowtie on its cars there. The name GM Daewoo Auto & Technology Co., in use since GM took over the struggling South Korean automaker in 2002, will be phased out by the end of March. The new name will be GM Korea Co., the company said in a statement.

Mercedes-Benz OKs the CLS wagon

Mercedes-Benz will launch a wagon version of the second-generation CLS sedan as a rival to the recently introduced BMW 5-series GT and the upcoming Audi A7. The new four-door--presaged by the German carmaker's 2008 Concept Fascination two-door shooting brake revealed at that year's Paris motor show--is among a throng of niche-market models under consideration by Mercedes boss Dieter Zetsche. "We're seeking to improve our returns by better utilization of existing platforms," a high-ranking Mercedes source told AutoWeek.