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Lotus to build own V8 for Lotus ‘More Authentic’ than 458 or MP4-12C

New Lotus Esprit will get a Lotus developed V8 We thought Lotus were mad brave to announce to the world last year that they were turning themselves in to an East Anglian Aston Martin with a completely new range of much more expensive cars. But now we hear they’re also going to produce their own V8 engine. Wow.

GM to slash global vehicle platforms by more than half, to 14, by 2018

General Motors says it will cut the number of vehicle platforms it uses globally by more than half over the next decade, in a bid to reduce complexity and save on product-development costs. “More of our components will be common, and more of our vehicles will be on global architectures,” GM CEO Dan Akerson told analysts on Tuesday. His remarks came as GM kicked off a series of presentations online, billed as its 2011 Global Business Conference.

Remember this day in GM history: The next century of automotive success starts now

President Obama's administration made history today with what some see as nothing short of government meddling in the affairs of big business. What I see is something else: I see the administration showing that it is serious and raising the level of concern from yellow to orange. Now there is a firm deadline and a message to bondholders, United Auto Worker union members and the American public: Do not be surprised if in the next 30 days--or even sooner-General Motors files for a controlled bankruptcy.