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Lotus's new 2010 Elise dips below 150g/km of CO2

By Tim Pollard First Official Pictures 09 April 2010 07:53 The new facelifted 2011 model year Lotus Elise has cut its CO2 output by nearly a fifth to a saintly 149g/km.It's a 16% improvement over the outgoing Lotus Elise S and Hethel claims 'the Elise has the lowest CO2 for its performance level for any gasoline sports car in the world.' Lotus is getting combative with the new Elise, pointing out that the Elise weighs just 876kg – while the Porsche Boxster sends the scales spinning to 1334kg.So how come the new Lotus Elise is so clean?The aerodynamics are 4% smoother, according to Lotus, while a smaller Toyota 1.6-litre VVT-i engine is downsized by 200cc compared with the outgoing 1.8, yet produces the same power.The new 2011 model year (but on sale now in 2010) shows the benefits of lightweight: it'll hit 60mph in 6.0sec.

New design chiefs for Peugeot and Citroen

PSA Peugeot Citroen is under new design leadership this week. As of 4 January 2010, Gilles Vidal has taken over as design director for Peugeot and Thierry Metroz is the new pencil wielder-in-chief at Citroen. Both will report to Jean-Pierre Ploué, who remains design director for the PSA group.

Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.