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TrueCar announces women's racing initiative

TrueCar, publishers of new-car-transaction data, revealed plans for a multiyear push into motorsports sponsorship but with a twist. TrueCar will throw its money behind female racers in premier series and up-and-coming ones in numerous development series. "TrueCar is built upon the foundation of empowering individuals with the tools and resources they need to become expert car buyers," TrueCar founder and CEO Scott Painter said.

Team Lotus snaps up Caterham +video

Team Lotus buys Caterham Cars - and a Team Lotus Special Edition Seven to celebrate Team Lotus – that’s the ‘Lotus’ F1 run by Tony Fernandes, not the Hethel mob run by Dany Bahar – has bought Caterham Cars from Corven Ventures for an undisclosed sum. Which is all very apposite, what with Caterham being the spiritual home of Colin Chapman’s Lotus Seven and keeper of the Chapman ethos of lighter is better. To tie Caterham back in to the Lotus name could work wonders for sales.

New VW Golf GTD to cost just £199 a month. Sort of.

The VW Golf GTD (pictured) can be had for £199 a month – if you’ve got a big deposit There’s no question that car buyers are getting themselves in to new cars at affordable money thanks to the range of finance packages on offer now, including leases, PCP and contract hire. That’s good for car makers, dealers and the car buying public as it leads to more sales and more people driving modern, reliable and efficient cars. But the headline price is not always as clear cut as it seems.