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Lotus NOT for sale as Proton sold to DRB-Hicom

Lotus NOT for sale - at least not for two years Despite rumours that Lotus was for sale, the sale of Lotus parent Proton to DRB-Hicom appears to preclude any sale of Lotus for two years. We reported recently that Lotus owners Proton had been advised to sell its loss-making Hethel car-maker Lotus as it geared up to be divested of State ownership in Malaysia. But it seems the sale of Proton in to private hands is to have the opposite effect.

Ford targets Toyota Prius with C-Max Energi crossover

Ford is going after the Toyota Prius with its new C-Max Energi plug-in hybrid. In its latest release, the Blue Oval called out the best-selling hybrid seven times while announcing the new crossover's fuel, range and pricing. Ford says the C-Max Energi will travel 550 miles on one tank of gas.

Lincoln aims at luxury crossovers with MKT

In an effort to grow the brand to customers who normally buy imports, Lincoln will offer up a full-size crossover, the MKT, that is due in dealerships in late summer. We saw the Lincoln MKT at the Detroit Auto Show. As sales of full-size sport/utility vehicles decline--Lincoln says industry-wide sales are down 5.2 percent for 2008--sales of crossovers are growing.