Isimple Is7705 on 2040-parts.com

2008 Fiat’s best year EVER!

Didn’t they do well!? Fiat has just announced that, despite the doom and gloom in the car world in 2008, particularly in the last quarter, they have had their best year ever, with their trading profit up by 4% and turnover by 1.5% to €60 billion. Well done them.

Team Lotus buys Caterham Cars

Caterham Cars has been sold to Team Lotus Enterprise, the holding company for the Team Lotus Formula One team.  So Lotus has bought back the Caterham Seven? No. Team Lotus, the UK-based F1 team owned by Malaysian businessmen Tony Fernandes, Kamarudin Meranun and SM Nasarudin has done the deal. You're thinking of Group Lotus, the makers of Lotus sports cars led by Dany Bahar – Group Lotus sponsors of Lotus Renault GP, the UK-based F1 team that was formerly Renault.

Local Motors XC2V design competition winners announced

The winners of the Local Motors XC2V design competition have been announced. Created in partnership with the Defense Advanced Research Projects Agency (DARPA), the brief called for individuals to co-create a vehicle body design for two different missions – Combat Reconnaissance and Combat Delivery & Evacuation – based on Local Motors' tubular steel chassis. The goal was to create a fast, lightweight, highly capable vehicle that would be suitable for various field missions.