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Team Lotus buys Caterham Cars
Wed, 27 Apr 2011Caterham Cars has been sold to Team Lotus Enterprise, the holding company for the Team Lotus Formula One team. So Lotus has bought back the Caterham Seven? No. Team Lotus, the UK-based F1 team owned by Malaysian businessmen Tony Fernandes, Kamarudin Meranun and SM Nasarudin has done the deal. You're thinking of Group Lotus, the makers of Lotus sports cars led by Dany Bahar – Group Lotus sponsors of Lotus Renault GP, the UK-based F1 team that was formerly Renault.
1,088-hp electric Concept One nears production
Wed, 30 Apr 2014We haven't heard much about the Rimac Concept One lately, but that could be about to change. The Croatian-born electric supercar is back in the news this week after its parent company landed an $11-million investment. The Concept One is the brainchild of 26-year-old CEO Mate Rimac, who claims he didn't want to build the best electric car in the world.
New Hyundai SUV to show at Geneva
Mon, 09 Feb 2009And now Hyundai is looking to make an impact on the compact SUV market, with the announcement of an “Urban Nomad” concept (whatever that is) to be shown at Geneva next month. Hyundai HED-6 SUV Concept will show at Geneva It looks like Hyundai are trying to create an aggressive and contemporary looking vehicle that can be utilised in today’s urban landscape for a multitude of uses. Sporting chunky 21″ wheels, angular style lines, swept-back headlights and a very stylised rear window made of Lexan plastics instead of glass.