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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.

Lexus LF-Ch – Official release ahead of Frankfurt

Official pictures of the Lexus LF-Ch premium Hybrid Well, Lexus didn’t really have much choice after their new baby – the Lexus LF-Ch – leaked like a sieve from every outlet at Lexus. First we had a leaked front shot of the LF-CH, followed soon after by a leak of the full set or release pictures. So, pragmatically, Lexus has bitten the bullet and sent us all the details.

Bankruptcy looms for cash-starved Saab

The future is growing dim for Saab. Reports from Europe say the Swedish courts might soon declare Saab bankrupt--possibly as soon as Wednesday--because the company is out of cash. Saab recently won court protection from its creditors while it waited for funds.