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DRB-Hicom reject offer for Lotus

DBR-Hicom – owners of Proton and Lotus – have rejected an offer for Lotus and are intent on nursing it back to health. The rumours surrounding the fate of Lotus - especially after the Dany Bahar saga – have been rumbling around the car world for a long time. Will DRB-Hicom – who bought Proton, owners of Lotus, in 2011 – cut and run, or will they see Lotus as a possible jewel in their crown to be nursed back to health?

Chrysler rolls out 'No Payments for 90 Days' incentives

As worries grow of a second-half sales slowdown, Chrysler Group announced new incentives this week for 2011 and 2012 models. Under the “No Payments for 90 Days” promotion, buyers of 2011 or 2012 Chrysler, Jeep, Dodge or Ram Truck vehicles who finance their purchases through Ally Financial won't have to make payments for three months. The promotion runs through Sept.

Aston Martin V12 Vantage S arrives – the quickest production Aston ever (video)

The new, more powerful, Aston Martin V12 Vantage S arrives Aston Martin has been teasing something ‘Coming soon’ for a few days, and here it is – the new V12 Vantage S. The new S replaces the V12 Vantage (which we knew Aston Martin had stopped building) and gets Aston’s latest AM28 version of the venerable V12 with 565bhp and 457lb/ft of torque thanks to new engine management, combustion chambers and camshafts resulting in more power and a much flatter torque curve. The extra power has pushed the V12 S beyond the 200nph barrier, with the top speed now 205mph and, we assume, a quicker sprint to 62mph, but Aston Martin aren’t letting on how much quicker the V12 S is.