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Lotus Cars prepares to hire Lutz, Purves as advisers, sources say

Lotus Cars Ltd. is poised to tap former General Motors Co. product guru Bob Lutz and retired BMW executive Tom Purves to advise the British niche carmaker on a five-year turnaround plan.

BMW releases X1 (2009): teaser pictures and video

By Peter Adams First Official Pictures 05 June 2009 16:00 UPDATED: BMW has just released video of a partially disguised X1 testing in Majorca BMW has released four teaser shots of its forthcoming X1 on a Facebook page dedicated to the mini-SUV. The X1 won't be officially unveiled until the Frankfurt motor show in September 2009, but BMW has been cranking up the publicity machine for its new 4x4 since a concept X1 was shown at Paris last year. CAR's Georg Kacher drove a prototype X1 earlier this year (CAR, May 2009) and in the past few days BMW has also released official shots of the car clad in the company's infamous psychedelic disguise.

Porsche nearing 900 orders for its 918 Spyder hybrid concept

When Porsche AG showed the 918 Spyder at the Geneva show in March, we said it was a car to “make anyone a believer in hybrid supercar tech.” Well, maybe not anyone, but Porsche now says it has almost 900 potential buyers for the two-seater hybrid prototype as the German automaker gets closer to approving production. Porsche development chief Wolfgang Duerheimer said he is confident the company will soon reach the threshold of 1,000 orders, which is how many the company needs to “make a sound business case.” The 918 has 680 hp and, according to Porsche, will get 78 mpg and run from 0 to 60 mph in 3 seconds. Porsche said it wants to double its overall vehicle sales to 150,000 in the next five years or so.