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Lotus to invest £500 million to build Esprit, Eterne, Elite & Elan. 1900 new jobs

The new Lotus Esprit Dany Bahar – Lotus boss – revealed plans at last year’s Paris Motor Show to turn Lotus in to an East Anglian Aston Martin. Those plans included one car we knew about – the new Lotus Esprit – and a number we didn’t – the Lotus Eterne, Lotus Elite, Lotus Elan and a new Lotus Elite. But the plans seemed to be nothing more than a wish list, and although it was intimated that Lotus owners Proton were going to provide a war chest of £770 million to fund the development, that later appeared to be an intent to provide Lotus with funds to develop a new range of cars, rather than an actual commitment.

60mph M1 motorway speed limit proposed

The government has announced a proposal to lower the motorway speed limit from 70mph to 60mph over a 32-mile stretch of the M1. The plan, which has just been put out to consultation, would lower the speed limit to 60mph between junction 28, near Matlock in Derbyshire, to junction 35a, north of Rotherham – in a bid to improve air quality by reducing vehicle emissions. On Bing: see pictures of motorway air quality Find out how much a used low CO2 car costs on Auto Trader The current proposal would see the Highways Agency put the 60mph restriction in place between 7am and 7pm, seven days a week.

Chery TX Concept

The Chery TX concept was unveiled at last month's Beijing auto show and showed significant progress in comparison to past Chery-designed vehicles. The brief for the concept was to be a ‘target-customer oriented SUV'. The TX marks a new beginning for Chery as it explores its new distinctive design philosophy, ‘Shangshan Ruoshui‘ (water) that derives from the Chinese traditional philosophy, interpreted as the pursuit of harmony and unity between humans and nature.