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Fernandes confirms Team Lotus-Caterham deal

Tony Fernandes has officially confirmed that Team Lotus Enterprises has taken over tiny British sports-car maker Caterham Cars. Named after the London suburb where it was founded, Caterham bought the rights to the Lotus Seven design in 1973 and has been exploiting it ever since with increasingly sophisticated models that stay true to the original concept. The company is now based in Dartford, close to the Brands Hatch race circuit.

Used-car shoppers should watch out for potential flood damage

Heavy spring rains swelled rivers such as the Mississippi and flooded numerous towns. You might have stayed dry, but there's still a risk of being affected--if you wind up with a flood-damaged car. Large sections of the Midwest and the Southeast flooded because of heavy winter snow and an especially wet spring.

Alfa Romeo 4C Spider revealed: Geneva Motor Show

The Alfa Romeo 4C Spider (pictured) revealed in Geneva The Alfa Romeo 4C is the epitome of a modern ‘supercar’, with ultra light weight (for a production car) allowing the 4C to produce very good performance from its modest 17500cc engine. So producing an Spider convertible immediately raises the weight issue in a more dramatic way when the car’s abilities are so dependent on it low weight, but it seems the Alfa Romeo 4C Spider – previewed as a production car with a concept at Geneva today – has managed to keep the wight penalties of the convertible 4C down to a minimum. Thanks to a canvas roof and carbon fibre rollover bars, the weight penalty for the Spider is only about 60kg (around a 7 per cent gain) which shouldn’t hurt performance too much.