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Caterham to take on Cayman, Evora

With the increased visibility brought to enthusiast-secret Caterham via their Formula One team, it only makes sense to diversify the company's offerings. Though they've diverged from the Seven-only path a couple of times before -- with the limited-production 21 in the mid-'90s and the more recent SP/300.R, a track-only collaboration with Lola -- this time they're taking aim at higher-volume prey. The targets?

BMW previews new M4

BMW has revealed several retro-fit enhancements for the new 4-series coupe, part of its M-Performance line of options. In the process the company has provided the first clues to its upcoming M4's appearance; the M4 will replace the just-discontinued BMW M3, and sources tell Autoweek the new performance coupe will make its world debut at the Detroit auto show next January. The performance package consists of an aggressive aero kit, various interior trim upgrades and suspension modifications.

Car sales plunge, Bank of England cuts rates

New car sales plunge in October: Renault sales were down by more than half By Nigel Wonnacott Motor Industry 06 November 2008 12:30 Following the sixth monthly decline in new car sales this year (down 23% this month), economists have revised market forecasts downwards, while the Bank of England has cut interest rates by 1.5%. October’s 23% drop was the worst so far and trade body SMMT now fears sales could end the year at just 2.15 million cars. That’s 8% lower than the 2.34 million predicted to leave showrooms back in January and would be the worst market performance in more than a decade.