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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.

BMW Concept X1 (2008): teaser video

By Ben Pulman First Official Pictures 29 September 2008 11:04 BMW will unveil its Concept X1 at the Paris motor show, a tarted-up version of the production car that will debut in mid-2009. But ahead of the official debut BMW has released this teaser video. Of course it's a PR stunt, with glimpses of the Concept X1 mixed in with shots of skateboarders and grafftti artists, but it gives us our first look at the new X1 on the move.

Local Motors 'Design Our Car' competition opens

Local Motors has opened its first-ever ‘Design Our Car' competition, which encourages collaboration within the manufacturing community. The open-source automaker is providing two of its Rally Fighter cars, one of which will be built at the company's micro-factory in Arizona while the other will be built live in the Emerging Technology Center at September's International Manufacturing Technology Show (IMTS) in Chicago. Ideas from the design and engineering community are being sought to help design and select a skin for the Rally Fighter that will be built by the Local Motors team this spring.