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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.
Lexus CT 200h: Lexus at Geneva Motor Show
Fri, 26 Feb 2010The Lexus CT 200h - Geneva bound Last year we had the Lexus LF-Ch concept in all its goldness at the Frankfurt Motor Show. Then a few weeks back that became the Lexus CT 200h. Which is actually what we thought the Lexus Premium Compact would be called – the Lexus CT – when we first reported on the baby Lexus.
Penske Automotive will buy Saturn from GM
Fri, 05 Jun 2009IndyCar team owner and Detroit businessman Roger Penske has an agreement with General Motors to buy the Saturn brand, it was announced Friday. The proposed deal could close in the third quarter, and GM would continue to build the Saturn Aura, the Vue and the Outlook on a contract basis for Penske Automotive Group, which is the nation