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Fernandes confirms Team Lotus-Caterham deal

Tony Fernandes has officially confirmed that Team Lotus Enterprises has taken over tiny British sports-car maker Caterham Cars. Named after the London suburb where it was founded, Caterham bought the rights to the Lotus Seven design in 1973 and has been exploiting it ever since with increasingly sophisticated models that stay true to the original concept. The company is now based in Dartford, close to the Brands Hatch race circuit.

Alfa Romeo 4C spied in Michigan

During the Detroit auto show in January, Fiat and Chrysler CEO Sergio Marchionne told us -- in his own irreverent way -- that arrival of the long-promised Alfa Romeo 4C would be delayed once again. But as these spy photos show, testing on the sporty coupe continues even as a debut date remains elusive. This isn't the first time we've caught the 4C testing in the States.

Porsche Cayman Black Edition revealed

Porsche has revealed its latest limited-run sports car: the Cayman S Black Edition. Created as a send-off for the current Cayman lineup, which is set to be replaced within the next 12 months, the coupe is planned to go on sale in July with a more powerful engine, a larger wheel-and-tire package and greater standard-equipment levels than those of the existing Cayman S. Taking a page from Henry Ford, the Cayman S Black Edition is available in any color you like--as long as it's black Inside, the Porsche gets black trims, black sport seats, a sport steering wheel, darkened instrument graphics, stainless-steel scuff plates with “Black Edition” inscriptions and a commemorative badge identifying it as one of a limited build of 500 units.