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Lotus to create 100 new jobs (2013)
Thu, 01 Aug 2013Lotus is bouncing back from the five-car plan debacle that saw its CEO Dany Bahar dismissed for professional misconduct, and an ambitious plot to launch a Porsche-slaying five-car range go up in smoke without so much a test mule spy shot. The Norfolk-based outfit has announced today the creation of 103 new jobs to meet rising demand not just for its cars, but the brand’s legendary car set-up skills too. It follows a £100m investment from parent DRB-HICOM earlier in 2013.
Video: Hagerty reviews the Monterey Weekend auctions and Pebble Beach concours
Mon, 22 Aug 2011Hagerty's Dave Kinney, Donald Osborne and Rob Sass wrap up the Monterey week by discussing auction results, the Pebble Beach Concours d'Elegance action and overall insight gained from this year's events. Monterey car week is packed with car shows, vintage racing and car auctions. Autoweek will be there providing streaming photo galleries and live coverage of the Pebble Beach Concours, historic racing at Laguna Seca, the Monterey car auctions and plenty more.
1910 Flying Merkel is top seller at Vegas auction
Wed, 18 Jan 2012Auctions America by RM enjoyed a successful debut in Las Vegas this past weekend, selling more than $4.1 million worth of vintage motorcycles, with an impressive 82 percent sell-through rate of all lots offered. The event at the Rio All-Suite Hotel & Casino Jan. 12-14 had strong attendance, with thousands of enthusiasts gathering to see 490 motorcycles and a range of bike-related memorabilia cross the auction block.