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British team aim for electric world record

A BRITISH team headed by Lord Drayson is seeking to set a new World Land Speed Record with its electric racing car. The Drayson B12 electric Le Mans racing car is heading to the Bonneville Salt Flats in Utah, USA in a bid to raise the current record for electric cars weighing less than 1000kg. Recently, the team set a new British record of 204.185mph with the same car.

Lotus Cars prepares to hire Lutz, Purves as advisers, sources say

Lotus Cars Ltd. is poised to tap former General Motors Co. product guru Bob Lutz and retired BMW executive Tom Purves to advise the British niche carmaker on a five-year turnaround plan.

Is this the production version of the Porsche 918 Spyder? (video)

We have what appears to be official video of the Porsche 918 Spyder being previewed by a private audience in New York. The Porsche 918 Spyder is hardly a secret, but all the cars we’ve seen so far have been concept cars; prototypes evolving as the 918 Spyder moves from concept to production. But this video looks different.