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Lotus secures more funding, but five-year plan is dead

The five-car, five-year plan for Lotus developed under Dany Bahar is dead, according to an Autocar report. But rumor has it that the sexy Esprit concept could be revived at a low cost. Tan Sri Mohd Khamil Jamil, managing director of the company that owns Lotus parent company Proton, DRB, confirmed that the company sold 70 cars in the U.K.

Mercedes Vito London Taxi comes out fighting

Mercedes has come out fighting against the Nissan NV200 London Taxi with an assertion of the benefits of the Mercedes Vito Taxi. Yesterday we had the news that Nissan, not content with just undermining the Crown Victoria as the NYC Yellow Cab, have turned their attention  to the London Taxi with their NV200 take on the Black Cab. So far, LTI hasn’t responded to the imminent threat to their business from Nissan (but then they still haven’t really reacted to Mercedes entry in to the market), but Mercedes has, coming out fighting this morning with a press release extolling the virtues of the Vito Taxi.

BMW i8 Spyder: Official

BMW i8 Spyder The BMW i8 Spyder – BMW’s open-top version of their i8 eco supercar – has been revealed ahead of a debut at the Beijing Motor Show later in April. Yesterday we had the first leaked picture of the BMW i8 Spyder, the next stage on BMW’s eco supercar journey, and the news the open top i8 was heading for the Beijing Motor Show. So BMW has decided to jump in with the official reveal of the i8 Spyder which gives us more than a couple of photos of the i8 to look through, although not much more in the way of detail than we surmised yesterday.