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Lotus to double production – Return to Motorsport

Lotus CEO Dany Bahar plans to double production at Hethel and return to Motor Sport Through all the gloom and doom car makers have reported over the last year and more there has been one shining light which has seemed impervious to the downturn – Lotus. They’ve not only remained profitable but they’ve managed to bring to market a new car – the Lotus Evora – which has not only been pretty well universally praised but has a full order book to boot. Clever trick.

BMW Vision Future Luxury at 2014 Beijing Motor Show hints at new 9 Series

BMW unveiled its latest concept on Easter Sunday, which could signal an all-new 9 Series model to top its range. The four-seater concept – called Vision Future Luxury – was revealed at the Beijing Motor Show, but MSN Cars got a sneak preview of the car back in Munich, Germany in early April 2014 and spoke to its key designers to bring you this ‘inside track’ report. The big news is that this Vision Future Luxury concept could herald the introduction of an ultra-luxurious BMW four-door model above the 7 Series, and thus also logically mean that a new 8 Series coupe and possibly 8 Series Gran Coupe could fit in-between.  Please click on the photo above to see the rest of the BMW Vision Future Luxury gallery

GM posts $7.6 billion profit for 2011

General Motors on Thursday posted a $7.6 billion profit for 2011, while recording its smallest quarterly profit of the year in the fourth quarter. Net income for the October-through-December period fell 7 percent from the year-earlier period to $472 million, as a $562 million loss in Europe--the steepest of the year there--weighed on the automaker's bottom line. North American earnings nearly doubled.