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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.
News watch October 2010: today's auto industry news
Fri, 29 Oct 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 29 October 2010• Spyker has announced third-quarter losses have increased since its takeover of Saab. Spyker lost £35 million in 2010, compared to £3.6 million last year (BBC News)• GM will repay $2.1 billion of the Obama government's preferred stocks.
Audi A3 Saloon teased – or could it be the Audi Q6?
Fri, 22 Mar 2013Audi are teasing a new reveal for the 2013 New York Auto Show which we think in the new A3 saloon. But could it actually be the Q6 instead? We had a preview of the Audi A3 saloon as long ago as the Geneva Motor Show in 2011 and it now looks like Audi are teasing a reveal of the A3 with a boot for the 2013 New York Auto Show next week.