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Lotus terminate Dany Bahar – Aslam Farikullah takes the Lotus reins

To no one’s surprise, DBR-Hicom – owners of Lotus – have terminated Danny Bahar’s employment and replaced him with Aslam Farikullah. The tenure of Dany Bahar at Lotus has not been an easy one. But now it’s over with DBR-Hicom ending Bahar’s supension with a termination of his employment.

Fisker Karma (2008): first official pictures

By Liz Turner First Official Pictures 14 January 2008 18:53 If you can’t wait for a production Cadillac Provoq, and you’ve got a spare $80,000, the Fisker Karma may be for you. The voluptuous high-performance coupe is a plug-in hybrid designed by ex-Aston man and CEO of Fisker Automotive, Henrik Fisker. Its ‘Quantum Drive’ hybrid system, was developed by Quantam Technologies four years ago as a confidential project for the US military’s Delta Force.

De Tomaso sold by Rossignolo

De Tomaso sold to unknown investors De Tomaso – the ill-fated Italian supercar maker – has been sold by Gian Mario Rossignolo after a financially fraught revival attempt. De Tomaso seems fated to lurch from one financial crisis to another – as it has throughout its history – with the latest efforts by former Fiat executive Gian Mario Rossignolo to revive the marque floundering for investment. And it looks like Rossignolo has given up the fight and sold out to unnamed investors.