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Lotus to create 100 new jobs (2013)

Lotus is bouncing back from the five-car plan debacle that saw its CEO Dany Bahar dismissed for professional misconduct, and an ambitious plot to launch a Porsche-slaying five-car range go up in smoke without so much a test mule spy shot. The Norfolk-based outfit has announced today the creation of 103 new jobs to meet rising demand not just for its cars, but the brand’s legendary car set-up skills too. It follows a £100m investment from parent DRB-HICOM earlier in 2013.

Land Rover sending more Range Rover Evoques to the US

Land Rover are increasing the supply of the new Range Rover Evoque to the US by a third to help meet demand. In the land where cubic inches are king and any SUV smaller than a Hummer isn’t really an SUV, it’s amazing that the dinky Range Rover Evoque is a hit – but it is. From sales of just 2,200 Evoques in 2011, Land Rover has managed to shift twice that in the first six months of 2012, and Land Rover dealers are still complaining they can’t get enough Evoques to meet demand.

USED CAR BUYER CONFIDENCE “UNLIKELY TO IMPROVE” IN 2011 SAYS RAC

USED CAR buyer confidence is unlikely to improve significantly in 2011, meaning that demand for safety net products such as extended warranties will remain strong, says RAC Warranty. The company points out that at the end of 2010, used car warranties are still being enhanced – by both length of time and depth of cover – at around the same rates as during the worst parts of the recession, indicating that the mood of consumers remains cautious. Ian Simpson, sales and marketing director, said: “Next year, the measures that the coalition Government has undertaken to reduce public spending will really start to bite and that will have a definite impact on general confidence.