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Lotus CEO Dany Bahar on the crisis at Lotus Cars
Tue, 17 Apr 2012Lotus chief executive Dany Bahar has laid bare the business position at Lotus Cars since the takeover of parent company Proton by Malaysia's DRB-Hicom. Norfolk's sports car maker has been buffeted by rumours of financial crisis and looming collapse since development was frozen by the new owners (click here for our coverage of the crisis at Lotus. CAR scored an interview with Bahar at the Hethel headquarters yesterday afternoon. He was abroad at the time of last week's media maelstrom, when rumours and slurs flew around about the state of Lotus's finances.
Storing classic concept cars is a huge hassle
Thu, 30 Jan 2014If you see a dazzling concept car at an auto show this year, consider this: Somebody is going to have to find the space to park it and maintain it in a heritage collection, perhaps until the end of time. Preserving this year's hits as the museum pieces of the future is one of the great backroom issues of the auto industry. If you need to see the first wood-paneled Honda Civic Country station wagon from 1980 for some good reason, Honda has one in storage in Japan.
Fire risk Porsche in global recall
Mon, 24 Feb 2014SPORTS car maker Porsche is asking more than 100 UK owners of the latest 911 GT3 models to stop driving them while tests go on following cases of vehicles catching fire. The advice, to 101 UK owners who have paid around £100,000 for their vehicles, has gone out to a total of 785 owners worldwide of the GT3s from the 2014 model year. Porsche said there had been two cases in Europe of cars catching fire.