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Lotus to invest £500 million to build Esprit, Eterne, Elite & Elan. 1900 new jobs

The new Lotus Esprit Dany Bahar – Lotus boss – revealed plans at last year’s Paris Motor Show to turn Lotus in to an East Anglian Aston Martin. Those plans included one car we knew about – the new Lotus Esprit – and a number we didn’t – the Lotus Eterne, Lotus Elite, Lotus Elan and a new Lotus Elite. But the plans seemed to be nothing more than a wish list, and although it was intimated that Lotus owners Proton were going to provide a war chest of £770 million to fund the development, that later appeared to be an intent to provide Lotus with funds to develop a new range of cars, rather than an actual commitment.

Chevrolet Camaro SS 1LE takes to Virginia International Raceway

Chevrolet recently took a Camaro SS upgraded with the 1LE package to Virginia International Raceway (VIR) to test. The new package adds $3,500 to the cost of a standard Camaro SS, for a total price of $37,035. At VIR, the car is good for a lap time of 2 minutes, 58.34 seconds.

Jaguar XF 2.2D 163 PS goes on sale

Jaguar XF 2.2D 163 PS - less powerful XF launched Jaguar has announced a lower powered version of the new XF 2.2 Diesel with 163PS which goes on sale immediately from £29,950. Jaguar finally came clean on its entry-level XF – the Jaguar XF 2.2 diesel – back in March last year, after speculation and denials about a cheaper XF almost since the XF first arrived. But having bitten the bullet on an entry-level XF, Jaguar has now done it in spades by revealing an entry-entry-level XF – the Jaguar XF 2.2D 163PS.