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Lotus secures more funding, but five-year plan is dead

The five-car, five-year plan for Lotus developed under Dany Bahar is dead, according to an Autocar report. But rumor has it that the sexy Esprit concept could be revived at a low cost. Tan Sri Mohd Khamil Jamil, managing director of the company that owns Lotus parent company Proton, DRB, confirmed that the company sold 70 cars in the U.K.

Honda reveals Urban SUV concept

Honda's compact Urban SUV concept has been teased in a sketch ahead of its unveiling at the 2013 North American International Auto Show (NAIAS) in Detroit. From the sketch we can see pronounced wheel arches with a feature line flowing into the profile where it meets the concept's most striking aspect – an upwards-rising feature line that stretches until it meets the D-pillar. Although other details are sparse, the Japanese carmaker does say that the Urban SUV concept's interior is designed to maximize space using its center-tank layout.

Hyundai reveals HND-9 for Seoul Motor Show

Hyundai revealed renderings on Thursday of the HND-9, a luxury sports coupe coming to the 2013 Seoul Motor Show at the end of this month. The styling could preview the next Hyundai Genesis Coupe. Hyundai says the HND-9 represents an evolution of Hyundai's fluidic sculpture design philosophy.