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Lotus planning Electric Car

I suppose it was inevitable that Lotus would not settle for simply supplying Tesla with the chassis for their electric car, and would look to jump on the bandwagon of electric cars (EV). Lotus CEO, Michael Kimberly, has told the Financial Times that Lotus is planning an electric car “sooner rather than later”, and went on to say that it will be an extended range battery vehicle. Extended range EVs (like the Chevy Volt) are probably the best option for a mainstream car at the moment, at least until you can buy hydrogen at the pumps other than in California.

One-fourth of U.S. drivers have trouble paying for auto repairs, AAA says

Americans have difficulty paying for costly vehicle repairs and are driving older cars longer, according to a survey released by AAA. One quarter of American drivers said they would be unable to pay for repairs to their vehicle of more than $2,000, and one in eight said they would be unable to pay for repairs of more than $1,000, the survey said. More than half of drivers said they are still driving an older vehicle “because they do not want the financial burden of a new one,” the survey said.

New Mexican Supercar company to launch VUHL 05 at Goodwood FoS

A new track-focused, road-legal supercar from Mexican manufacturer Vuhl – the VUHL o5 – will launch at the Goodwood Festival of Speed. Supercar companies spring up all over the place with men in sheds thinking they can take on established supercar makers and take a part of the supercar market in the process. Most fail to get beyond CAD renderings of their dream, but a new Supercar company from Mexico – Vuhl – has the help of established automotive industry names like Ford and Magna Steyr, and they’re promising to reveal their new car – the VUHL 05 – at this year’s Goodwood Festival of Speed in July.