Papago Gs381-8g Lora/gosafe 381 Dash Cam on 2040-parts.com

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.

It’s a BMW i8 eDrive Spyder: Beijing 2012

BMW i8 eDrive Spyder BMW has revealed the convertible i8 Spyder in Beijing complete with a new moniker - eDrive – to denote plug-in. We knew the BMW i8 Spyder was getting its public debut at the Beijing Motor Show this week because BMW told us. What we didn’t know is that BMW would be adding more confusing nomenclature to their eco i-brand.

Lincoln opens first dedicated design studio for 40 years

Ford has opened the first dedicated Lincoln design center for 40 years in Dearborn, Michigan, as part of its ongoing brand reinvention. Last August Ford announced it would be creating the studio for its luxury brand as well as increasing spending, giving it unique interiors and powertrains in an effort to differentiate it from the core Ford offerings. The Lincoln Design Studio has been built on the campus of Ford's Product Development center and houses designers, sculptors, modelers and engineers who make up part of a larger Lincoln Product Development team that will create four new Lincoln vehicles by 2015.