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Lotus owner Proton tries to quell sale rumours
Wed, 01 Feb 2012The Malaysian owners of Lotus have taken the unusual step of quashing rumours circulating of an impending sale of its British sports car division. Several newspaper articles have suggested that the new owners of Proton may divest its loss-making Lotus subsidiary. The ownership structure of Proton has changed in recent weeks, after the Khazanah Nasional Berhad sold its entire stake in Proton to DRB-Hicom.
Porsche 911 Turbo S China 10th Anniversary Edition revealed
Mon, 30 May 2011Porsche 911 Turbo S China 10th Anniversary Edition - celebrating a decade of Porsche in China It must have seemed a slightly optimistic decision when Porsche decided to make its mark in China in 2001 by opening a Porsche Center in Beijing, But it turned out to be a stroke of genius. China is now the second most important market for Porsche with the Stuttgart car maker now shifting almost 14,000 cars a year, a big change from the handful it managed in 2002. Big markets deserve special editions, and with plenty of wealthy individuals in China keen to have something no one else has, the Porsche 911 Turbo S China 10th Anniversary Edition – a moniker which fortunately isn’t written on the boot – will sell out straight away.
XFR Jag the fastest ever
Tue, 13 Jan 2009They took with them the usual holiday toys, but they remembered to pack a nice new Jaguar XFR, with a few mods necessary to run at Bonneville (roll cage, fire extinguishers, etc). They had a little fiddle with the ECU to derestrict it (and yield 600bhp) but, it is claimed, made no further mods apart from adding a spoiler at the back to stop the XFR taking off on the Salt Flats’ wide open spaces. Jaguar XFR breaks 225mph at Bonneville So what happened?