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Lotus NOT for sale as Proton sold to DRB-Hicom

Lotus NOT for sale - at least not for two years Despite rumours that Lotus was for sale, the sale of Lotus parent Proton to DRB-Hicom appears to preclude any sale of Lotus for two years. We reported recently that Lotus owners Proton had been advised to sell its loss-making Hethel car-maker Lotus as it geared up to be divested of State ownership in Malaysia. But it seems the sale of Proton in to private hands is to have the opposite effect.

Peugeot 308 GTi for Europe but not for UK – sort of

The Peugeot 308 GTi – but only for Europe Well there’s a headline that will need some explaining. But let’s start with the easy bit – Peugeot is launching the Peugeot 308 GTi in to the European market. Which is nice and straightforward.

Laurenz Schaffer Appointed President of BMW Group’s DesignworksUSA

There's a game of musical chairs being played at DesignworksUSA, the BMW Group's design consultancy subsidiary. Starting December 1 this year, two key executives will be taking on new roles within the design consultancy, while the company's current President will be moving on to a new position within BMW Group Design. The first appointment is that of Laurenz Schaffer, currently Director of the Munich studio of BMW Group DesignworksUSA.