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Lotus won’t be sold – Bahar suspended over expenses
Tue, 29 May 2012Lotus owners Proton have said that Lotus is not up for sale and reports say Lotus CEO Dany Bahar has been suspended over his expenses. There’s been a lot of show and not much real go since Dany Bahar took over at Lotus. Grandiose plans launch a whole range of supercars from a small niche manufacturer in the flatlands of Norfolk was always a strange call, and the sort of bills loss-making Lotus seems to be meeting make, on the face of it, little commercial sense.
Mitsubishi Lancer Sportback: New five-door model is priced
Fri, 07 Aug 2009The five-door Mitsubishi Lancer Sportback rolls into showrooms with a base price of just less than $20,000. Stepping up to the high-performance Ralliart version pushes the price to near $28,000. Mitsubishi announced prices for the new Lancers on Thursday.
Tesla ‘drops’ entry-level Model S. But was it ever going to be available?
Mon, 01 Apr 2013The 40kWh version of the Tesla Model S is being dropped by Tesla in the US, but we do wonder if Tesla ever had any intention of delivering it in the first place. Tesla’s big claim ahead of the arrival of the, very impressive, Model S – and a seemingly vital part of the US taxpayer funding Tesla to develop the Model S – was that they would deliver a car that cost under $50k, something the car industry thought impossible. But when the Model S was launched, Tesla did indeed have an entry-level model available with a 4okWh battery that was listed at $58,750 (taking it almost down to the $50k mark after the US taxpayer chipped in the EV bribe) so Elon Musk could, quite reasonably, claim Tesla had delivered.