Caterham has recently announced its upcoming entry-level model will have a starting price of £15,000 (€17,600 or $23,000) to attract new buyers to the market.
The Classic Seven replacement will be launched in September and will use a new EU6-compliant engine and a different suspension setup. According to the British carmaker, the new focus on improving fuel efficiency will help to enhance appeal, but that doesn't mean the car will lose its sporty abilities.
"This will be a car built for the driver who wants to drive, but also for one who doesn't need extreme power," said Caterham Cars CEO Graham Macdonald. "Our lowest price car now is the Classic, and we struggle to source the Rover engines for it. We've built only a couple of those in the past year. Up until now that has been our low-cost car but it's going now."
Source: Autocar
