Wagner Zx1331a Front Semi Metallic Pads on 2040-parts.com

Indiana yanks Kruse auction licenses

Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state. The Indiana Auctioneer Commission ruled on Tuesday to revoke both of Kruse Inc.'s licenses, and the company has to wait seven years to apply for new ones, said Kelly Butters, a spokeswoman for the Indiana Attorney General's Office. Dean Kruse, president of the auction house, has had his personal license suspended indefinitely.

Mitsubishi previews three Tokyo concepts

MITSUBISHI will showcase three new concepts at the Tokyo Motor Show, all using SUV body styles. Heading the trio of experimental designs is the Concept GC-PHEV, a full-size SUV using a development of Mitsubishi’s plug-in hybrid drivetrain. It aims to offer the everyday advantages of an SUV and class-leading environmental credentials.

Lotus won’t be sold – Bahar suspended over expenses

Lotus owners Proton have said that Lotus is not up for sale and reports say Lotus CEO Dany Bahar has been suspended over his expenses. There’s been a lot of show and not much real go since Dany Bahar took over at Lotus. Grandiose plans launch a whole range of supercars from a small niche manufacturer in the flatlands of Norfolk was always a strange call, and the sort of bills loss-making Lotus seems to be meeting make, on the face of it, little commercial sense.