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Caterham Seven Supersport R (2012) first pictures

It's certainly been a busy week for Caterham. Just a few days ago the company announced its partnership with Renault to create a new range of Alpine sports cars, and now the Surrey-based outfit has gone back its roots to develop an even more hardcore version of the Seven Supersport. Called the Caterham Seven Supersport R, the lightweight special gets an engine capacity increase and power bump over the regular car, but carries over its racing car-derived suspension.

Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.

Peugeot 508 leaks early

The Peugeot 508 Estate - turns up a day early It seems like a very long time (it was November last year) since we first reported that Peugeot are dropping the 407 and the 607 and replace them with a new car – the Peugeot 508. Which makes sense, with the 407 getting a bit long on the tooth and the 607 selling nowhere but Paris. We got the first official view of the 508 in the 5 by Peugeot concept at the Geneva Motor Show at the start of the year, and a good looking and elegant Peugeot it looked.