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DRB-Hicom reject offer for Lotus

DBR-Hicom – owners of Proton and Lotus – have rejected an offer for Lotus and are intent on nursing it back to health. The rumours surrounding the fate of Lotus - especially after the Dany Bahar saga – have been rumbling around the car world for a long time. Will DRB-Hicom – who bought Proton, owners of Lotus, in 2011 – cut and run, or will they see Lotus as a possible jewel in their crown to be nursed back to health?

TWO Koenigsegg One:1 on video at Goodwood

Both Koenigsegg One:1s on video at Goodwood As we’ve already reported, the Koenigsegg One:1 is debuting at the Goodwood Festival of Speed this weekend, but rather than a single One:1, Koenigsegg have taken the only two One:1s in existence – yes, it’s two for the price of one at Goodwood. One car – the black one in the photo above – is a new One:1 heading for a customer, but the second (the silver can in the photo and video) is Koenigsegg’s development car, so that’s up for a bit of action on the hillclimb this weekend. But ahead of its public appearance, Goodwood managed to get some time with the One:1s and grab track time behind the wheel.

Stretch of Los Angeles's 405 freeway to close this weekend; residents prepare for the worst

So you think you're struck in road-construction hell? Los Angeles residents have braced themselves for “carmageddon” this weekend. Starting before midnight on Friday until early Monday morning, 10 miles of the northbound Interstate 405 will be closed between U.S.