884887t04 Mercury Mariner Verado 200-275 Hp Engine Pan Mount Cradle on 2040-parts.com

Lotus to invest £500 million to build Esprit, Eterne, Elite & Elan. 1900 new jobs

The new Lotus Esprit Dany Bahar – Lotus boss – revealed plans at last year’s Paris Motor Show to turn Lotus in to an East Anglian Aston Martin. Those plans included one car we knew about – the new Lotus Esprit – and a number we didn’t – the Lotus Eterne, Lotus Elite, Lotus Elan and a new Lotus Elite. But the plans seemed to be nothing more than a wish list, and although it was intimated that Lotus owners Proton were going to provide a war chest of £770 million to fund the development, that later appeared to be an intent to provide Lotus with funds to develop a new range of cars, rather than an actual commitment.

Sinkhole Corvettes to be displayed before restoration

It's going to take a while to get the eight historic Chevrolet Corvettes that were consumed by a sinkhole at the National Corvette Museum two weeks ago out of that sinkhole -- just getting a specialized crane through the doors of the museum will take time. Afterward, though, the public will be able to get a look at them in their damaged state before Chevrolet has them restored. The museum has told the Detroit Free Press that the damaged cars will be on display at the National Corvette Museum from April through June of this year, once they're exhumed.

Video: Check out new episode of Hagerty Classic Car TV

This week, Hagerty Classic Car TV takes us to the Concours d'LeMons in Monterey, Calif. But before that, we get news featuring the Ford Mustang, John Travolta and Auburn Auction stories. At Monterey, we get to check out the AMCs, Ford Pintos and MGs at the concours, along with a raced-out Ford Probe.