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CAR interviews Dany Bahar on the crisis at Lotus (2012)

CAR yesterday sat down with Dany Bahar, the chief executive officer of Lotus Cars, to discuss the company's financial situation. He talked about the recent takeover of parent company Proton by DRB-Hicom and what it means for Lotus, the financial performance of Hethel and the latest on plans to launch the new Esprit supercar and all the other new Lotuses in the pipeline. Read on for CAR Magazine's full interview with Dany Bahar, split over the next three pages.

Chevrolet Bids Farewell To Europe

AMERICAN car giant General Motors has made a surprise announcement that from 2016 its Chevrolet brand will be no more in Europe. The company has stated that it wishes to concentrate on long established brands Opel and Vauxhall instead. All is not lost, as GM will keep what it says is its ‘iconic’ models such as the Corvette, while the firm intends to focus attention on its traditional American luxury brand Cadillac ahead of a greater European push in the next few years.

Hyundai confirms luxury Genesis Brand to take on Lexus & Infiniti

Hyundai are planning to launch the Genesis Brand (Hyundai Veloster pictured) The rise and rise of Hyundai (and Kia too) has lead to speculation for some time that the next stage in their evolution is a proper luxury brand to take on Infiniti and Lexus, and it’s now confirmed that Hyundai will be launching the ‘Genesis’ brand within two years. Not to be confused with the ‘Not for the UK’ Hyundai Genesis, the Genesis brand will be a range of cars from Hyundai offering real competition for the luxury brands from Nissan and Toyota, but with a dose of Hyundai pricing and warranty thrown in to the mix. Hyundai’s product manager in Australia – Roland Rivero - has come out and confirmed that the Genesis brand is in  the making and will initially – at least in Australia – offer two RWD cars.