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BMW to invest £500 million in UK MINI production

David Cameron welcomes BMW's £500 million investment in the UK What’s going on? Two days on the trot we get good news about the UK economy. Yesterday we reported that Nissan are to invest £192 million to design and build the next generation Qashqai in the UK, and today comes confirmation from BMW that they will be spending £500 million over the next three years in the UK as they gear up for the next generation MINI.

Vauxhall VXR8 Tourer revealed: Price from £49,500

Vauxhall has revealed the Estate version of the VXR8 – the Vauxhall VXR8 Tourer – which offers oodles of room and 425bhp. That sort of power in an estate car certainly offers a different experience to regular load-luggers with 0-62mph coming up in a slightly silly 4.9 seconds. But, despite looking a bit past its prime even though it’s a new model, the VXR8 Tourer gets a reasonably sophisticated setup with McPherson Strut with progressive coils at the front and a multi-link setup at the back, launch control and a limited slip diff, all conspiring to try and put the VXR8 Tourer’s 425bhp power down through the rear wheels.

Lotus, Toyota celebrate engine deal

Lotus CEO Dany Bahar presented Toyota president Akio Toyoda with a Lotus Elise this week at the British Embassy in Tokyo, celebrating the companies' long partnership. The Elise was equipped with Toyota's last 2ZZ-GE VVTL-i engine, the same engine found in older versions of the Lotus Elise and Exige. “The presentation of Toyota's last 2ZZ engine in the Elise is a symbolic gesture of our continued respect and deep appreciation for our partner not only acknowledging our past, but also looking forward to our future together,” Bahar said in a statement.