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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.

Mazda 2 small car to arrive in U.S. in 2010

Mazda will bring the Mazda 2 small car to the U.S. market starting late next year, the Japanese automaker said on Thursday. The Mazda 2--named Demio in Japan--also will be sold in Canada.

Honda reveals Urban SUV concept

Honda's compact Urban SUV concept has been teased in a sketch ahead of its unveiling at the 2013 North American International Auto Show (NAIAS) in Detroit. From the sketch we can see pronounced wheel arches with a feature line flowing into the profile where it meets the concept's most striking aspect – an upwards-rising feature line that stretches until it meets the D-pillar. Although other details are sparse, the Japanese carmaker does say that the Urban SUV concept's interior is designed to maximize space using its center-tank layout.