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Lexus Premium Compact Concept – a 1-series by Lexus

Lexus's new compact premium hatch – the little Lexus to rival the 1-series By Gareth Evans First Official Pictures 17 August 2009 10:03 Lexus today issued a sneak peak at its new Premium Compact Concept ready to make its public debut at the 2009 Frankfurt motor show in mid-September.Think BMW 1-series by Lexus, and you'll get the idea. Not that you'd know too much from the solitary teaser sketch released today.Details are vague at present, with only the above sketch and no technical information available to showcase the long-awaited little Lexus. Expect more details and pictures to be announced in a few weeks' time – but we hear there is likely to be hybrid power for the compact premium car.

First SRT Viper sells for $300,000 at California auction

The first 2013 SRT Viper sold for $300,000 at the Barrett-Jackson auction in Costa Mesa, Calif., on June 23. The final price made the Viper the top seller of the event. Proceeds from the sale will go to the Austin Hatcher Foundation, which helps families and children affected by pediatric cancer.

Lotus to invest £500 million to build Esprit, Eterne, Elite & Elan. 1900 new jobs

The new Lotus Esprit Dany Bahar – Lotus boss – revealed plans at last year’s Paris Motor Show to turn Lotus in to an East Anglian Aston Martin. Those plans included one car we knew about – the new Lotus Esprit – and a number we didn’t – the Lotus Eterne, Lotus Elite, Lotus Elan and a new Lotus Elite. But the plans seemed to be nothing more than a wish list, and although it was intimated that Lotus owners Proton were going to provide a war chest of £770 million to fund the development, that later appeared to be an intent to provide Lotus with funds to develop a new range of cars, rather than an actual commitment.