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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.

Next-generation Ford Transit dubbed taxi of the future

Ford introduced its redesigned 2014 Transit Taxi, which features increased passenger and cargo space, claimed “livery-duty durability,” and lower operating costs. The 2014 Transit comes with a new 2.5-liter four-cylinder gas engine and a six-speed automatic transmission. The transmission is expected to deliver best-in-class highway fuel economy.

New 2014 Citroen C1 priced from £8,245 in UK

Fresh from its debut at the 2014 Geneva Motor Show, Citroen has revealed that prices for its new C1 city car will start from £8,245 when it goes on sale in July. For that price, buyers will get the entry-level C1 Touch with the 1.0-litre VTi, 68hp engine. Touch is the lead-in trim level and includes remote central locking, electric front windows, six airbags, an MP3 compatible audio system, a USB socket and LED daytime running lights.