Chrome Fire Extinguisher on 2040-parts.com

Lotus Elite concept car (2010) first official photos

Forget everything you know about Lotus. Forget the Elise, the Exige, the Evora. This is the Elite, a Ferrari California rival and a signpost to an all-new Lotus as envisaged by ex-Ferrari man Danny Bahar, CEO of Lotus since October 1st.

Nissan LEAF: UK prices

The Nissan LEAF EV will sell at £21,350 in the UK after subsidies are taken in to account Agree with their focus – some would say obsession - or not, you can’t help but admire Nissan’s intentions to make the electric car a mainstream reality. It’s a big commitment and a bold move which could actually make or break Nissan in the coming years, in the same way as the hybrid obsession at Lexus. But putting aside the business sense of a headlong tilt in to electric cars, we have to admit that the headline price for the Nissan LEAF in the UK – just announced as £23,350 (after taking in to account Government incentives) – is a very competitive price point.

BMW spends $900 million on South Carolina plant to build the X4 SUV

BMW is expanding its lineup with the X4 and growing its manufacturing base with a $900 million investment in its Spartanburg, S.C., assembly plant. "This is in response to rising global demand for the BMW X family to include the BMW X4," BMW board member Frank-Peter Arndt said. BMW says the investment will create 300 new jobs at the plant.