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Lotus gets a new boss – former Citroen Peugeot President Jean-Marc Gales

Jean-Marc Gales left) new Lotus CEO with Aslam Farikullah Following the debacle of Dany Bahar’s grandiose plans to turn Lotus in to a cross between Aston Martin and Ferrari, owners DRB-HICOM/Proton have been busy trying to get ship Lotus back on an even keel. That started with the appointment of engineer Aslam Farikullah as chief operating officer at Lotus when Bahar got his marching orders, and he’s been busy for the last two years bolting Lotus back together, cutting costs, improving quality and increasing sales. Now, it looks like Lotus are readying themselves for the next stage of their recovery – which will include new models – as former PSA president Jean-Marc Gales is appointed as Lotus CEO to work with Aslam Farikullah.

Hyundai ix25 sub-compact SUV on the way?

Is the ix-Metro Concept about to become the Hyundai ix25? It looks like a Hyundai ix25 sub-compact SUV is on the way after Hyundai in Brazil revealed they were planning a new B Segment range. It’s getting on for three years since we saw the Hyundai ix-Metro Concept at the Frankfurt Motor Show and it’s finally starting to look as if the ix-Metro will turn in to the production Hyundai ix25.

Toyota to build RAV4 EV in Ontario

Toyota said on Friday that it will build the electric version of the RAV4 at its assembly plant in Woodstock, Ontario, beginning in 2012. The electric crossover will use powertrains supplied by Tesla from California. The companies began transforming gasoline-powered RAV4 SUVs into functional EV prototypes last July.