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Lotus CEO Dany Bahar on the crisis at Lotus Cars

Lotus chief executive Dany Bahar has laid bare the business position at Lotus Cars since the takeover of parent company Proton by Malaysia's DRB-Hicom. Norfolk's sports car maker has been buffeted by rumours of financial crisis and looming collapse since development was frozen by the new owners (click here for our coverage of the crisis at Lotus. CAR scored an interview with Bahar at the Hethel headquarters yesterday afternoon. He was abroad at the time of last week's media maelstrom, when rumours and slurs flew around about the state of Lotus's finances.

Skoda to crown range with seven-seat SUV (2014)

By Ollie Kew Motor Industry 19 April 2014 17:00 Skoda is plotting a large new 4x4 to sit at the top of its range, CAR can reveal. The new SUV will compete with Korean seven-seater SUVs like the Hyundai Santa Fe and Kia Sportage, and be positioned a rung further up than Skoda's wildly successful Yeti crossover. Skoda's top brass has already green-lighted the plan to offer a family 4x4, and early prototype miles are reportedly already at the initial testing phase, CAR has learned.

Fiat, Magna, investment firm are three finalists to buy Opel

Italian automaker Fiat, Canadian parts maker Magna International and Belgian investment firm RHJ International look to be the final three bidders for General Motors' Opel subsidiary. Fiat has confirmed that it put in a bid for Opel. Final bids for Opel were due Wednesday evening.