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Maserati GranCabrio is set for a Frankfurt debut, will go on sale this year

Maserati will debut the GranCabrio, its first four-seat convertible, at the Frankfurt motor show. The GranCabrio is a soft-top variant of the four-seat GranTurismo. It has a roof that opens or closes in 28 seconds and will go on sale by the end of this year.

Aston Martin signs Christian Klien as final factory driver

Ex-Formula One driver Christian Klien has completed Aston Martin Racing's factory driver lineup, the team said on Wednesday. He will join his new teammates in the all-new LMP1-class 007 AMR-One in the 24 Hours of Le Mans. Klien competed in 49 F1 races since 2004 and drove for Peugeot in Europe's Le Mans Series, and in 2008, he had both the fastest lap and finished third in the 24 Hours of Le Mans.

Caterham Cars launches engineering business

Caterham Cars has created a separate engineering business, Caterham Technology and Innovation Ltd (CTI). It is one of the first moves since Team Lotus Enterprises took control of the company in April. Caterham Technology and Innovation will develop a new line of lightweight sports cars inspired by the Caterham Seven and draw on materials and knowledge gained from Team Lotus Formula One and the Caterham Air Asia Team in the GP2 Series.