Production of U.S.-spec Lotus Exige and Elise to end in August

The end is near for production of U.S.-specification versions of the Lotus Elise and Exige sports cars. Lotus said on Thursday that it will pull the models from the United States because the airbags no longer meet safety standards. Rules require cars to have smart airbags, which adjust deployment for the speed of impact.

Callaway's Supercharged Corvette Stingray packs 610-hp

Callaway has debuted their supercharged version of the Chevrolet Corvette dubbed SC610, which should provide an intriguing alternative to the the 2015 Corvette Z06. SC of course stands for supercharged, with 610 being the horsepower figure. That's right, Callaway has squeezed out an extra 155-hp and 96 lb-ft of torque out of the naturally aspirated 6.2-liter V8 powering the C7 Corvette, for a total of 610-hp and 55 lb-ft of torque.

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.