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2012 Lexus GS 250 Guangzhou debut

2012 Lexus GS 250 debuts in China this week We’ve had the reveal of the 2012 Lexus GS 450h, and we’ve even reported on the US GS 350 and that the UK and Europe are to get an entry-level GS – the Lexus GS 250. But so far we’ve not had a proper reveal of the GS 250, just a bit of information and the assumption it’s a less powerful and less well-equipped version of the GS 450h. Which it is, and this week we get to see exactly what the entry-level GS offers with its public debut at the Guangzhou Motor Show in China.

Dany Bahar’s restored V8 Lotus Esprit for sale

With Dany Bahar now ousted as Lotus boss, his fully restored 2002 V8 Lotus Esprit is up for sale. When Dany Bahar joined Lotus from Ferrari, he brought with him some grandiose plans – and an ability to spend money – that were ultimately his undoing. And it appears Bahar was a bit too grand to run around in any of Lotus’s current models as ambassador for the brand, instead deciding the way to go was a fully restored version of the last Lotus supercar – the Lotus Esprit.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).