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Lotus owner Proton tries to quell sale rumours

The Malaysian owners of Lotus have taken the unusual step of quashing rumours circulating of an impending sale of its British sports car division. Several newspaper articles have suggested that the new owners of Proton may divest its loss-making Lotus subsidiary. The ownership structure of Proton has changed in recent weeks, after the Khazanah Nasional Berhad sold its entire stake in Proton to DRB-Hicom.

Morgan celebrates 100 years – and a new model

There aren’t many car makers around the world who have been in business for 100 years, and even fewer that have remained in the same family for all that time. But Morgan, that maker of anachronistic 1930s-style cars, is not only still going strong, it is celebrating its 100 year anniversary in 2009, and is now the only remaining British-owned car maker in existence (aside from the ‘Garden-Shed’ makers). Morgan's Centenary Celebration Model - A Pedal Car!

GM considers flagship sedan for Cadillac

Cadillac is considering a large, flagship sedan to take on the Mercedes-Benz S-class and BMW 7-series, a top General Motors official says. Mark Reuss, GM's president for North America, told Automotive News last month that a new flagship is on the table as GM maps its go-global strategy for Cadillac. A flagship would be a continuation of how GM has been positioning Cadillac's lineup to go head-to-head in each segment with BMW, Mercedes and Audi.