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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.

Aston Martin V12 Vantage Roadster out in London (video)

The new Aston Martin V12 Vantage Roadster has been caught out and about on London’s streets, on film and on video. Last week saw the arrival of the Aston Martin V12 Vantage Roadster as a limited edition convertible version of the V12 Vantage. For now, at least.

2015 Prius said to have even better fuel economy

The next Toyota Prius will get “significantly better fuel economy in a more compact package that is lighter weight and lower cost,” according to Satoshi Ogiso, the Prius program's chief engineer. Ogiso, who is also Toyota Motor Corp.'s managing officer, said the next-gen Prius' performance will reflect “significant advances” in battery, electric-motor and gas-engine technologies. He said Toyota is looking at improving miles per gallon to 55, compared with today's 50 mpg and that the next-generation Prius electric motors will be smaller and more powerful; in addition, its gasoline engine will be among the world's most efficient.