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Fernandes confirms Team Lotus-Caterham deal

Tony Fernandes has officially confirmed that Team Lotus Enterprises has taken over tiny British sports-car maker Caterham Cars. Named after the London suburb where it was founded, Caterham bought the rights to the Lotus Seven design in 1973 and has been exploiting it ever since with increasingly sophisticated models that stay true to the original concept. The company is now based in Dartford, close to the Brands Hatch race circuit.

Hyundai releases second-generation Genesis renders

Hyundai's second-generation Genesis has been previewed in new renders ahead of its full reveal in Korea later this year. The Genesis, which will hit the carmaker's stand at the North American International Auto Show (NAIAS) in January, is the first model developed with Hyundai's new ‘Fluidic Sculpture 2.0' design language. It features several cues seen on the HCD-14 Genesis concept, unveiled at this year's NAIAS, such as the sharp shoulder line and the single-frame hexagonal grille design. In fact, it's nearly unchanged from the beltline up. At the rear, the sweeping roofline flows to a short trunk lid while the rear lamps wrap around from the tailgate into the rear-quarter panels.

BMW to sell 19 Frozen Black Edition M3s in the U.S.

BMW has lined up a run of 20 M3 Coupes for the U.S. market with a special Frozen Black Edition package to promote its BMW Individual custom-ordering program. The automaker will open an order line on June 16 for buyers to reserve 19 of the cars.