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.

Tesla Model X Premiere on 9th February

Tesla Model X to debut 9th February Tesla CEO Elon Musk has revealed that the Tesla Model X Suv Crossover will debut in California on 9th February. With the Tesla Roadster at the end of its life, and then Model S Saloon about to hit the road (probably), Tesla are moving on to the next instalment of their electric car pilgrimage - the Tesla Model X. We had expected the Model X – which is based on the same underpinnings as the Model S Saloon – to debut by the end of 2011.

Honda Small Hybrid Sports Concept sketch

By James Mullan First Official Pictures 05 February 2007 09:34 Honda will show its first dedicated hybrid car since the Insight at the Geneva Motor Show in March. Only the sketchiest details have been released about the Small Hybrid Sports Concept, but we know it will definitely make the transformation from concept to production reality to slot above the Civic Hybrid in Honda’s range. Unlike the Insight and Civic hybrids, the Small Hybrid Sports Concept was designed in Europe, at Honda’s Offenbach European R&D headquarters.