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Caterham announces cut-price Seven 160 sports car

BRITISH sports car maker Caterham has announced a new low- priced version of its long-running Seven model. Dubbed the Seven 160, the new model starts at a measly £14,995 in component form or £17,995 fully built. Under the bonnet there is a turbocharged 660cc Suzuki engine and although this only offers up a modest 80bhp, that's still enough to power the lightweight Seven from 0-60mph in 6.5 seconds.

Used Volvos for sale: First $290K takes both

Having decided to focus solely on their Pirelli World Challenge GT effort involving Volvo's S60, K-PAX racing has decided to sell off their two-year-old C30s. Given that 2013 is the production car's last hurrah, it makes sad sense that Volvo's not too interested in campaigning a machine that will soon be vacating showrooms. Built in 2011 to compete in the World Challenge Touring Class, the pair managed six poles and five wins under the sure hands and feet of Robb Holland and Aaron Povoledo.

Ariel Atom 3.5 (2012) first official pictures

It's difficult for Ariel to come up with a mid-life refresh for its cars - there simply aren't that many bits to fiddle with in the first place. Still, the boys from Somerset must have succeeded, because what we have here is the freshly updated Ariel Atom 3.5. As the name suggests, it's a development of the Ariel Atom 3, with a crop of minor visual  tweaks and some mechanical changes too, keeping Caterham and BAC looking over their shoulders.