Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

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.

Lotus CEO Dany Bahar on the crisis at Lotus Cars

Lotus chief executive Dany Bahar has laid bare the business position at Lotus Cars since the takeover of parent company Proton by Malaysia's DRB-Hicom. Norfolk's sports car maker has been buffeted by rumours of financial crisis and looming collapse since development was frozen by the new owners (click here for our coverage of the crisis at Lotus. CAR scored an interview with Bahar at the Hethel headquarters yesterday afternoon. He was abroad at the time of last week's media maelstrom, when rumours and slurs flew around about the state of Lotus's finances.

Jaguar XK bites the dust – XK production to end this summer

The last Jaguar XK – the Jaguar XK Dynamic R The Jaguar XK is the oldest car in Jaguar’s model lineup and the last real remnant of ‘old’ Jaguar. And it’s about to cease production. Jaguar has announced the XK will end production this summer as sales fall away and the XK struggles to make sense against the new Jaguar F-Type, a situation that will only worsen when the F-Type Coupe starts to arrive in customer hands.