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Caterham Cars launches engineering business

Caterham Cars has created a separate engineering business, Caterham Technology and Innovation Ltd (CTI). It is one of the first moves since Team Lotus Enterprises took control of the company in April. Caterham Technology and Innovation will develop a new line of lightweight sports cars inspired by the Caterham Seven and draw on materials and knowledge gained from Team Lotus Formula One and the Caterham Air Asia Team in the GP2 Series.

Alfa Romeo and IED collaborate on 'Gloria' concept for Geneva

The European Institute of Design (IED) in Turin will unveil its new Gloria concept, developed in collaboration with Alfa Romeo Style Center, at next month's Geneva motor show. The sports sedan concept, which is 4,200mm long, 1,920mm wide, 1,320mm high sitting on a wheelbase of 2,900mm, is previewed in this render, which shows a traditional Alfa grille that feeds into the hood's prominent V-shaped character lines. Two leather hood straps in front of the windshield are a nod to the brand's older models.

Chevy Volt, other key GM vehicles remain on track, new product boss says

The Chevrolet Volt remains on track to hit the market in late 2010--and General Motors is still going to invest in developing key products--despite its financial troubles, a top executive said Thursday. The Volt and other new GM vehicles, such as the Cadillac SRX, the Buick LaCrosse and the Chevy Equinox, remain top priorities--even though the company lost $6 billion in the first quarter of this year and is surviving on government loans. "Great cars and trucks are the only thing.