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Caterham announces cut-price Seven 160 sports car

BRITISH sports car maker Caterham has announced a new low- priced version of its long-running Seven model. Dubbed the Seven 160, the new model starts at a measly £14,995 in component form or £17,995 fully built. Under the bonnet there is a turbocharged 660cc Suzuki engine and although this only offers up a modest 80bhp, that's still enough to power the lightweight Seven from 0-60mph in 6.5 seconds.

Tesla Models S UK price announced

Tesla has opened its first UK car dealership at the Westfield Shopping Centre in White City, London. At the opening of the premises, the American premium electric vehicle manufacturer confirmed its Model S saloon will cost £49,900 in the UK, with delivery of the first cars targeted for the end of March 2014. On Bing: see pictures of the Tesla Model S Find out how much a used Tesla costs on Auto Trader Tesla Motors’ co-founder and chief executive officer Elon Musk was at the event hosted specially for UK customers, and hinted at future plans for the brand in Britain: “Tesla is taking the UK market very seriously, and there are more stores and service centres to come.

Spyker want $3 billion from GM over Saab Saga

Spyker has filed a law suit against General Motors for $3 billion for refusing to allow Saab to be sold to the Chinese. Victor Muller is not the kind of man who gives up until he’s exhausted every avenue to get what he wants. Which might explain why Spyker has just issued a $3 billion law suit against GM.