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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.

Unbelievable SSC Ultimate Aero EV

Prius was an easy way out for celebs who didn’t want their ‘Public’ to think them flash Jacks, but they always had a Cayenne Turbo or a Lamborghini LP640 tucked away in the garage. But the rise of cars like the Tesla, despite its drawbacks, has pushed the maker of the world’s fastest production car, the Ultimate Aero SSC, to look at ways to keep their clientèle happy in these changing times. SSC must feel there is a danger their market may disappear if truly powerful and appealing cars appear that are perceived as green and start to take over the marketplace.

Ford moves upmarket with new Mustang, Edge and Vignale sub-brands

Ford Britain's biggest carmaker is fighting back against increased competition from budget brands from below and executive makes from above with an aggressive expansion, which will see it launch three new models by the end of 2015. Ford is about to introduce models popular in the US over here to stretch its product line-up above the £30,000 threshold. At last week's Geneva Motor Show, the company showed the new Mustang sports car as well as the new Edge crossover (above).