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Lotus to create 100 new jobs (2013)

Lotus is bouncing back from the five-car plan debacle that saw its CEO Dany Bahar dismissed for professional misconduct, and an ambitious plot to launch a Porsche-slaying five-car range go up in smoke without so much a test mule spy shot. The Norfolk-based outfit has announced today the creation of 103 new jobs to meet rising demand not just for its cars, but the brand’s legendary car set-up skills too. It follows a £100m investment from parent DRB-HICOM earlier in 2013.

Aston Martin adds glamour to Lord Mayor's Show

FAMOUS British brand Aston Martin brought some extra glamour to the capital at the weekend as the firm took part in the historic Lord Mayor's Show. A selection of its sports cars joined the three-and-a-half-mile-long cavalcade at the invitation of The Worshipful Company of Coachmakers and Coach Harness Makers of London, which selected Aston Martin to participate in its centenary year. The Aston Martins, which included a Vanquish Coupe dressed in the unmistakable Union Jack-inspired livery of the UK Government’s GREAT Britain campaign, made their way through the capital’s packed streets as an estimated half million spectators looked on.

Audi to engineer next Porsche Cayenne

Audi will develop Volkswagen group's Porsche Cayenne, VW Touareg and Audi Q7 large SUVs in the future. Currently, Porsche has responsibility for engineering the three models, which share the same underpinnings. The decision to transfer developement to Audi comes after Porsche was chosen instead of Audi to be the lead developer for large luxury sedans and sports cars within VW group.