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McLaren P1

McLaren has revealed the first interior images of the production-ready P1 ahead of its debut in Geneva next month. The interior was hidden with heavily tinted windows in Paris, but these pictures show a sparse cabin with a considerable amount of carbon fiber on display. The woven wonder stuff is used for the dashboard, floor, pillars, doors and rockers while a single piece is shaped for the center stack.

Lotus Exige Sprint (2008): first official pictures

By Ben Pulman First Official Pictures 22 January 2008 10:35 Another day, another new Lotus special edition. This is the Exige Sprint, recreating the colour scheme of the Elan Sprint built between 1971 and 1973. The limited edition Exige, of which just 40 will be built, will come with the lower portion of the body painted in white, the upper part in yellow or blue, and with a gold stripe separating the two sections.

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.