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Lotus sues Dany Bahar for £2.5 million

Lotus are suing ousted CEO Dany Bahar for £2.5 million to recover the cost of his expensive lifestyle billed to Lotus. It seems DBR-HiCom, new owners of Proton (which own Lotus), took one look at the mess in Hethel and dumped Bahar, replacing him with engineer Aslam Farikullah to try and re-focus Lotus on its core products and engineering instead of pursuing Bahar’s fantasy of churning out the biggest range of luxury supercars of any car maker on the planet. That ousting led to Bahar issuing proceedings against Lotus for £6.7 million in August for wrongful dismissal (which gives you some idea of Bahar’s estimate of his own worth).

Bentley SUV plug-in Hybrid Concept at Geneva

The Bentley SUV Concept will debut at Geneva It’s reported that the Bentley SUV Concept is heading for Geneva 2012 complete with plug-in hybrid powertrain. We reported last month that we though there was a strong possibility we could see the Bentley SUV at the Geneva Motor Show this year, although the only fly in that ointment of speculation was the imminent arrival of the Lamborghini SUV. But now we know that the Lamborghini MLC will not debut at Geneva, but wait a month to be revealed at the Beijing Motor Show at the end of April, the strong possibility that the Bentley SUV will arrive at Geneva now becomes a probability.

RM auction in Monaco rakes in $45.1 million

Call it the Feast of Ferrari. Led by a stunning lineup of rare and classic automobiles wearing the Prancing Horse, sales at the RM auction in Monaco on May 1 totaled more than $45.1 million. The highest seller at the event was a 1962 Ferrari 400 Superamerica Cabriolet Pininfarina AWB, which sold for $3.8 million, a record for Superamericas, RM said.