LotusDetroit Electric unveils $135,000 battery-powered sports car 1:38 pm U.S. ET | April 4, 2013  Detroit Electric, a startup electric-car maker reviving a brand that dates back more than a century, unveiled its first model on Wednesday: a $135,000, battery-powered sports car that is to go into limited production in August.... Read More »
Lotus sues fired CEO for lavish spending on homes, helicoptersNov. 30, 2012 17:34 CET  Lotus said ousted CEO Dany Bahar stuck the carmaker with the cost of his luxury lifestyle. Lotus is seeking to recoup about $4 million for unauthorized expenses and overpaid salary and bonuses.... Read More »
Lotus sues fired CEO for lavish spending on homes, helicopters 11:34 am U.S. ET | Nov. 30, 2012  Lotus said ousted CEO Dany Bahar stuck the carmaker with the cost of his luxury lifestyle. Lotus is seeking to recoup about $4 million for unauthorized expenses and overpaid salary and bonuses.... Read More »
Honda may share platforms, facilities with Malaysia's ProtonOct. 30, 2012 06:01 CET Honda may share car platforms and production facilities with Malaysian carmaker Proton Holdings, owner of the British sports car maker Lotus Group International Ltd, according to a statement from Proton's parent, DRB-Hicom.... Read More »
Peugeot applies design talents to planes, watches and moreAug. 28, 2012 06:01 CET  The Peugeot unit of PSA/Peugeot-Citroen is joining automakers such as BMW, Porsche, Mercedes-Benz and Lotus by creating a business unit that offers design services for non-automotive products. The Peugeot Design Lab will borrow the talents of the French brand's design studios in Paris, Shanghai and Sao Paolo as it draws up blueprints for a wide range on non-automotive new products.... Read More »
Fired Lotus CEO Bahar seeks $10.6 million for wrongful dismissalAug. 27, 2012 19:49 CET  Dany Bahar, fired from his job as CEO at money-losing British sports car maker Lotus, filed a 6.7 million pounds ($10.6 million) claim against the automaker and its Malaysian parent, DRB-Hicom, for wrongful dismissal.... Read More »
CARS & CONCEPTS New Lotus owner scales back product expansion 12:01 am U.S. ET | Aug. 6, 2012 The new owner of Lotus has scaled back plans to expand the U.K. sports car brand's lineup, a source close to the company said.... Read More »
New Lotus owners scale back product expansionJuly 30, 2012 10:54 CET  The new owners of Lotus have scaled back plans to expand the UK sports car brand's product lineup. Malaysian industrial group DRB-Hicom has dropped a "five-year, five-car" plan for Lotus because it does not believe the project is viable, a source told Automotive News Europe.... Read More »
PRODUCTION LINE Design study: 127 mpg is possible with compromises 12:01 am U.S. ET | July 16, 2012  What technology would it take to produce a gasoline-powered car that could get 127 mpg on the highway? The answer: very little that is not already on the road.... Read More »
Study: 127 mpg is feasible -- with compromises 12:01 am U.S. ET | July 10, 2012  What technology would it take to produce a gasoline-powered car that could get 127 mpg on the highway? The answer: very little that is not already on the road. Lotus Engineering Ltd. has done an internal design study of a 1,150-pound three-seater powered by a 600cc two-cylinder motorbike engine.... Read More »
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Special Report
 Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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