Lotus to build Ethos mini with Proton, Elan delayed

Lotus today confirmed it will build its city car concept - with help from parent firm Proton - but the Elan sports car has been put on ice. The new Lotus city car will be called the Ethos, continuing a long tradition of E-names for products from Hethel. The Lotus city car is go Chief executive Dany Bahar said the city car would be on sale in early 2014.

Saab's latest factory shutdowns 'just a blip'

Saab’s liquidity crisis is a short-term ‘blip’, according to sources close to the company. Production at its Trolhattan plant in Sweden has been halted several times in the past fortnight, by suppliers refusing to deliver parts because of unpaid invoices. However, the company is confident that the impasse will be resolved soon.

Jaguar Land Rover made £1 billion last year

The 2012 Jaguar XF & 2012 Range Rover Evoque - JLR's latest models Who’d have believed it just a year or two ago? Jaguar Land Rover has reported a turnover for the year to the end of March 2011 of £9.9 billion and has made a profit (after tax) of £1.04 billion – almost £3 million a day. From proffering the begging bowl in the direction of a short-sighted Labour government in 2009 – and getting nothing without untenable conditions attached - and making plans to close one of its three UK plants, JLR’s renaissance has been astonishing.