2013 Mercedes-Benz SLS AMG GT gets more letters, power

Two additional letters will spell more power for the 2013 Mercedes-Benz SLS AMG. The supercar will be named the SLS AMG GT for the next model year, which is meant to call attention to the light freshening that the glamorous two-seater will receive when it goes on sale in mid-November. Output grows to 583 hp from the naturally aspirated 6.2-liter V8, up from 563 hp in today's car.

UK Budget 2008 'leaves motorists £1.6bn worse off'

By Tim Pollard Motoring Issues 12 March 2008 12:08 UPDATED... The UK's 2008 Budget has introduced a major car tax shake-up that will leave Britain's motorists £1.6 billion worse off, according to the Opposition. Motorists driving the highest polluting cars face tax hikes of up to £950 in showroom levies from April 2010.

Lotus owner Proton tries to quell sale rumours

The Malaysian owners of Lotus have taken the unusual step of quashing rumours circulating of an impending sale of its British sports car division. Several newspaper articles have suggested that the new owners of Proton may divest its loss-making Lotus subsidiary. The ownership structure of Proton has changed in recent weeks, after the Khazanah Nasional Berhad sold its entire stake in Proton to DRB-Hicom.