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Dany Bahar wants £6.7 million compensation from Lotus

The Dany Bahar saga at Lotus continues with Bahar claiming £6.7 million compensation for his firing as Lotus CEO. Back in May, ex-Ferrari man Dany Bahar was ousted as CEO of Lotus, confirmed a month later by Lotus parent DBR-Hicom who appointed Aslam Farikullah – an engineer, not a marketing man – to oversee a way forward for Lotus, and just last week Lotus put Bahar’s custom Esprit up for sale. But that appears not to be the end of dealings between DBR-Hicom and Bahar as Bahar has issued proceedings against his former employers seeking compensation of £6.7 million for wrongful dismissal.

Aston Martin V12 Zagato confirmed for limited production

Aston Martin V12 Zagato confirmed for production It didn’t take a genius to work out that the Aston Martin V12 Zagato would not just be incarnated as the Zig and Zag cars for the Nurburgring, but as a proper production car. Not a production car in the true sense, but a limited edition car much like the Aston Martin Zagato’s gone by. In fact we reported some time ago that we expected the V12 Zagato to start a limited production run of either 89 or 99 cars as soon as the Aston Martin One-77 ends production, and that the target price would be in the £300-350k range.

Volkswagen to take over Porsche

VW now seem set to take control of Porsche Porsche need a way out of the hole they are in and VW is the best way out. The two warring side of the Piech family – owners of VW and Porsche – now appear ready to swallow hard and see the inevitable happen. But will it be so bad?