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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.

New Nissan Juke hits the spotlight at Geneva motor show

We first saw the Juke three years ago and it opened up a class of vehicles we didn’t really know existed—the frumpy compact crossover segment. Nissan unveiled its new Juke at the Genvea motor show on Tuesday, showing off its quirky and updated design to the public. The Juke has been a strong competitor in the compact crossover market, selling 420,000 in those three years.

Maserati banks on Chrysler to boost global sales

Fiat CEO Sergio Marchionne has bold plans for the automaker's Maserati luxury sports car unit: to boost annual sales almost tenfold to 50,000 units from 5,675 last year. Three new models are key to this midterm goal and all are based on systems and components from Chrysler Group. Maserati will introduce two new sedans to replace its Quattroporte flagship model using technology from Chrysler's large sedans such as the Chrysler 300 and the Dodge Avenger.