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Lotus to invest £500 million to build Esprit, Eterne, Elite & Elan. 1900 new jobs

The new Lotus Esprit Dany Bahar – Lotus boss – revealed plans at last year’s Paris Motor Show to turn Lotus in to an East Anglian Aston Martin. Those plans included one car we knew about – the new Lotus Esprit – and a number we didn’t – the Lotus Eterne, Lotus Elite, Lotus Elan and a new Lotus Elite. But the plans seemed to be nothing more than a wish list, and although it was intimated that Lotus owners Proton were going to provide a war chest of £770 million to fund the development, that later appeared to be an intent to provide Lotus with funds to develop a new range of cars, rather than an actual commitment.

Toyota Matrix

Toyota unveiled the second-generation Matrix at the 2007 Specialty Equipment Market Association (SEMA) show last week. Based on the Corolla sedan, the sporty five-door 'crossover' has been totally redesigned for the 2009 model year. Development of the new Matrix focused on svelte exterior styling with enhanced interior utility and improved performance.

HondaLink Internet streaming launches with redesigned 2013 Accord

Honda will introduce technology, called HondaLink, that links vehicles with the Internet via smartphones with the redesigned 2013 Accord that goes on sale this fall. The HondaLink app on the driver's phone will access a large menu of information and entertainment services streamed from Aha, a service of audio-equipment supplier Harman. Honda's goal with HondaLink is to enable drivers to access services such as Slacker Internet radio and Yelp restaurant reviews without the need to touch their cell phones.