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Dany Bahar wants £6.7 million compensation from Lotus
Tue, 28 Aug 2012The Dany Bahar saga at Lotus continues with Bahar claiming £6.7 million compensation for his firing as Lotus CEO. Back in May, ex-Ferrari man Dany Bahar was ousted as CEO of Lotus, confirmed a month later by Lotus parent DBR-Hicom who appointed Aslam Farikullah – an engineer, not a marketing man – to oversee a way forward for Lotus, and just last week Lotus put Bahar’s custom Esprit up for sale. But that appears not to be the end of dealings between DBR-Hicom and Bahar as Bahar has issued proceedings against his former employers seeking compensation of £6.7 million for wrongful dismissal.
Google hopeful over driverless car
Tue, 29 Apr 2014GOOGLE says it has turned a corner in its pursuit of a car that can drive itself. The leader of the technology giant's driverless car project wrote in a blog post that test vehicles are becoming far more adept at city driving. They can already comfortably handle motorways, he said, but city driving presents a virtual obstacle course of pedestrians, cyclists and blind corners.
NEVS completes Saab purchase
Tue, 04 Sep 2012National Electric Vehicle Sweden AB (NEVS) has completed the purchase of the assets of Saab, but can’t use the Griffin logo. It looks like the Chinese, Japanese, Swedish Consortium NEVS has finally completed the process of acquiring the assets of bankrupt Saab, but it hasn’t quite got all it wanted. We reported last week that the process of acquiring Saab had been delayed as there were still issues over the rights to the Saab log, a logo owned by Scania and Saab Aerospace.