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Lotus secures more funding, but five-year plan is dead
Mon, 22 Jul 2013The five-car, five-year plan for Lotus developed under Dany Bahar is dead, according to an Autocar report. But rumor has it that the sexy Esprit concept could be revived at a low cost. Tan Sri Mohd Khamil Jamil, managing director of the company that owns Lotus parent company Proton, DRB, confirmed that the company sold 70 cars in the U.K.
DRB-Hicom reject offer for Lotus
Tue, 24 Jul 2012DBR-Hicom – owners of Proton and Lotus – have rejected an offer for Lotus and are intent on nursing it back to health. The rumours surrounding the fate of Lotus - especially after the Dany Bahar saga – have been rumbling around the car world for a long time. Will DRB-Hicom – who bought Proton, owners of Lotus, in 2011 – cut and run, or will they see Lotus as a possible jewel in their crown to be nursed back to health?
BMW M5 Nighthawk special edition revealed in Japan
Tue, 23 Jul 2013BMW has released a special limited edition of the M5 for the Japanese market called the Nighthawk. The special run of just 10 examples will feature a matte paint BMW calls "Frozen Black," which will extend to the 20-inch wheels fitted on the car. Other custom touches will include a blacked-out grille, with the Frozen black paint on a number of exterior details.