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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.

Mitsubishi to build new family of vehicles in U.S.

Mitsubishi will assemble a new family of vehicles at its Illinois plant within two years, a source familiar with the company's plans said. The vehicles will be based on the platform underpinning the Outlander and Outlander Sport crossovers and Lancer sedan, the source said. Those models are assembled in Japan.

Honda back in F1 as engine supplier to McLaren from 2015

We reported that Honda were looking likely to be heading back in to F1 as engine supplier to McLaren nearly two years ago, and this morning Honda has confirmed they have formed a joint project with McLaren to supply engines and energy recovery systems to McLaren from 2015 in a joint project with the McLaren team becoming McLaren Honda. The new F1 partnership revives a very successful period for McLaren when it last used Honda engines and Prost and Senna dominated F1 with Honda powered McLarens, and fits in nicely with Honda’s return to making supercars with the new Honda NSX. Formula One engines will drop to a 1.6 litre V6 in 2015 – with a turbo – and it will be very easy for parallels to be drawn with the V6 hybrid plant Honda are using on the new NSX, which is going to do its credibility no harm whatsoever.