Caterham is now officially a Japanese car manufacturer
But don't worry, it's still British at heart.
One of the most quintessentially British car makers, Caterham has just been bought by a Japanese company, essentially making it Japanese, but don't worry as this is a good thing for the company.
The company which has just acquired Caterham is called VT Holdings, who have been importing these sports cars to Japan since 2009.
They also import Lotuses and Royal Enfields and are also based in the UK, South Africa, Thailand, and Spain. Surely this can only be a good thing for a small British company like Caterham as it should hopefully keep them alive for many years to come.
The only potential downside to this deal is that a large firm like VT Holdings may not understand the intricate details which go into building enthusiasts' sports cars like the Seven, but VT Holdings has Kazuho Takahashi as its CEO, a man who's raced in the Japanese Super GT, JGTC, and Super Taikyu series for the past two decades, meaning we should be all good.
With that in mind, this can surey only be a good thing for such a small yet significant company like Caterham. With the whole market moving towards electric, it will hopefully keep these fun little sports cars around for much longer.