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Caterham in surprise motorbike racing move

Caterham has today revealed it is moving into motorbike racing, with the launch of a Moto2 World Championship team that will debut in 2014. The two-bike team will compete in the feeder series to the ultra-popular MotoGP championship, with one rider – American Josh Herrin – already being confirmed for one of the race seats. Caterham AeroSeven unveiled in Singapore Caterham Seven 165 prototype stars at the 2013 Frankfurt Motor Show Caterham will team up with Swiss motorcycle racing experts Suter Racing Technology to design the new bike.

Toyota to recall 1.1 million Corolla, Matrix models prone to stalling

Toyota Motor Corp. today issued a recall of 1.1 million Corolla and Corolla Matrix vehicles from the 2005-08 model years after more than 1,000 complaints of stalling. In a statement, Toyota said it was addressing some engine control modules that may have been improperly made.

Porsche preps a Panamera wagon concept for Paris motor show

Porsche will preview plans for a Panamera-based wagon concept in September at the Paris motor show. It is set to provide telling clues for the direction of a production version that could arrive in several years. This would lend an additional element for increasing Porsche's sales as part of parent company Volkswagen's ambitious growth strategy.