Large Porsche Banner Dealership Flag Dommer Stuttgarter Fahnenfabrik 98" X 59" on 2040-parts.com

Lotus 'Eagle' (2009): first pictures

By Ben Pulman First Official Pictures 15 July 2008 19:00 This is the long-awaited new Lotus 2+2, with a 3.5-litre Toyota V6 and four apparently useable seats. It's the first new Lotus for 13 years and a pretty significant launch, due for its show debut at the 2008 London motor show later this month on 22 July 2008. That's when we’ll find out the name of this new Lotus – codenamed Eagle – but in the meantime the company is teasing us with some new details.

Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.

European car sales down 5.2%

EUROPEAN UNION car sales are still sagging despite the return of modest economic growth. For the first eight months of the year, passenger car sales were down 5.2% to 7.84 million compared with the same period last year, the European Auto Manufacturers' Association said - the lowest January-August figure since the group started keeping records in 1990. New car registrations in August fell five per cent from a year ago to 653,872.