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Lotus gets a new boss – former Citroen Peugeot President Jean-Marc Gales

Jean-Marc Gales left) new Lotus CEO with Aslam Farikullah Following the debacle of Dany Bahar’s grandiose plans to turn Lotus in to a cross between Aston Martin and Ferrari, owners DRB-HICOM/Proton have been busy trying to get ship Lotus back on an even keel. That started with the appointment of engineer Aslam Farikullah as chief operating officer at Lotus when Bahar got his marching orders, and he’s been busy for the last two years bolting Lotus back together, cutting costs, improving quality and increasing sales. Now, it looks like Lotus are readying themselves for the next stage of their recovery – which will include new models – as former PSA president Jean-Marc Gales is appointed as Lotus CEO to work with Aslam Farikullah.

Hyundai will launch Veloster Turbo in 2012

Hyundai has confirmed it will bring a 1.6 turbo version of the Veloster coupe to the UK in the second half of 2012, as first revealed by CAR. It should make an interesting alternative to the VW Golf GTI brigade. The new blown four-cylinder engine is called the Gamma 1.6 T-GDI by Hyundai - and it develops an unusually high specific output of 201bhp at 6000rpm and 196lb ft at just 1750rpm.

Kode 7 and Kode 9 sports cars star at the Tokyo Motor Show 2013

One of the best things about being at an international motor show in person is coming across amazing cars you didn’t even know existed – and here at Tokyo 2013, the very best examples of this are the Kode 7 and Kode 9 on the Ken Okuyama Design stand. Absolutely stunning – but that’s hardly a surprise given the man responsible also designed the Enzo Ferrari. The Kode 7 – an evolution of the ko.7 that debuted in Geneva 2008 – appears in Exclusive (silver) and Clubman (red) guises as a lightweight track toy.