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New Lotus Esprit cancelled? Not according to Lotus

The Interwebs are rife with rumours that the new Lotus Esprit has been cancelled. But Lotus say it’s not and the claims are made up. Dany Bahar was finally ousted from Lotus after the new owners of Lotus managed to remove the flamboyant former Ferrari man from his role at Lotus and ditch his fantasy plans to turn Lotus in to a cross between Aston Martin and Ferrari.

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.

2013 Peugeot RCZ Facelift & RCZ R Concept

Peugeot has revealed a facleift for the 2013 RCZ and a new, 260bhp concept as a new range topper – the Peugeot RCZ R. When we first reviewed the Peugeot RCZ we liked it a lot, but we thought it was a shame that the RCZ had Peugeot’s old nose and we thought it could do with a bit more get up and go. Both have been addressed with the 2013 facelift for Peugeot’s sporty RCZ.