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Volkswagen Polo wins European Car of the Year award

Volkswagen's new Polo--slated to enter the U.S. market within three years--narrowly beat the Toyota iQ to win the 2010 European Car of the Year award. The Polo scored 347 points against 337 for the iQ city car.

CAR Most Wanted of 2014: McLaren P1

By the CAR editorial team First Official Pictures 10 January 2014 10:30 Just like the car’s acceleration itself, things happened very quickly for the McLaren P1. We saw the initial design study at the 2012 Paris motor show, and shortly afterwards, CAR spied disguised prototypes putting in the hard testing yards on the mountain roads of Spain. By the 2013 Geneva motor show, McLaren was ready to pull the wraps off the finished (and barely altered) P1 design, and give us hints to some of the performance figures offered by a carbonfibre, aero-focused missile using a combination of twin-turbo V8 and electric boost power.

£10 million cash boost for Lotus

Business secretary Vince Cable has visited Lotus’ Norfolk headquarters today, where he announced the company would be awarded £10.44 million from the Regional Growth Fund. The money will be used for research and development of products, as well as staff training. The sports car company expects to create 313 full time jobs to support production over the coming years.