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Lotus V8: the new engine plan in full
Thu, 23 Jun 2011Lotus has confirmed details for its new inhouse V8 engine family, which will make its first road car appearance in the 2013 Esprit. Responding to feedback which said the 'New Era' plan to launch five new models was weakened by its reliance on Toyota engines, the new management team decided last Christmas to design and develop its own engine. 'The feedback from customers was "how can you justify a £100,000 car with a Toyota engine?",' said chief executive Dany Bahar.
Vauxhall Adam SUV/Crossover on the way
Thu, 10 Oct 2013Vauxhall Adam SUV/Crossover on the way based on the Rocks Concept (pictured) The Vauxhall/Opel Adam is now finding its way on to our roads, and it’s a decent – if slightly generic – take on the funky little urban runaround. But GM have big plans for the Adam and want to create a car that can compete on level terms with cars like the MINI and Fiat’s 500. So the Adam comes with plenty of personalisation options and daft names to let younger car buyers create the car they want.
Volkswagen says Italdesign purchase will boost its growth strategy
Tue, 25 May 2010Volkswagen AG will acquire a 90 percent stake in Italdesign Giugiaro S.p.A., VW said Tuesday. The Giugiaro family will retain 10 percent in the 42-year-old automotive styling company that is famous for designing cars such as the first-generation Volkswagen Golf. VW CEO Martin Winterkorn said Italdesign will make an important contribution to the automaker's 2018 global growth strategy.