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Lotus won’t be sold – Bahar suspended over expenses

Lotus owners Proton have said that Lotus is not up for sale and reports say Lotus CEO Dany Bahar has been suspended over his expenses. There’s been a lot of show and not much real go since Dany Bahar took over at Lotus. Grandiose plans launch a whole range of supercars from a small niche manufacturer in the flatlands of Norfolk was always a strange call, and the sort of bills loss-making Lotus seems to be meeting make, on the face of it, little commercial sense.

Renault designers on their interpretation of luxury [w/Video]

Renault's design chief Laurens van den Acker and his design team have stressed how the Initiale Paris concept previews how Renault design's tactics will help steer clear of its rivals within the premium segment.  The concept – the sixth to be developed in the design strategy inspired by the cycle of life, now in the Wisdom stage – heralds Renault's return to the high-end market after a number of years. It was, therefore, important that the design be a positive rejection of traditional ideas of luxury, design director of concept cars Axel Breun believes. Designer Choung Sun Oh goes to great pains to stress how the design team worked towards developing a highly original design to set them apart from rivaling brands upon re-entry.

Porsche 918 Spyder starts at $845,000

Porsche has officially put the 918 Spyder on sale for a breathtaking MSRP of $845,000. And, as an incentive to those who order the supercar, Porsche also is offering the opportunity to buy a limited-edition 911 Turbo S, called the 918 Spyder Edition. It will cost $161,650 for the coupe and $173,050 for the convertible.