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Lotus secures more funding, but five-year plan is dead

The five-car, five-year plan for Lotus developed under Dany Bahar is dead, according to an Autocar report. But rumor has it that the sexy Esprit concept could be revived at a low cost. Tan Sri Mohd Khamil Jamil, managing director of the company that owns Lotus parent company Proton, DRB, confirmed that the company sold 70 cars in the U.K.

Caterham 620R (2013) first official pictures

Caterham will launch its most hardcore road-going Seven ever at the 2013 Goodwood motor show. Called the 620R, the new range-topper develops 310bhp, and will hit 60mph in 2.79sec, making as fast as an a 691bhp Lamborghini Aventador. The 620R replaces the R500 in Caterham's range, and costs £49,995.

Lotus offers Final Edition models of the Exige and the Elise

It's the end of the line for the Lotus Exige and Elise models in North America. To celebrate, Lotus has created Final Editions for the Elise SC, the Exige and the Exige S260. The lack of availability of Toyota's 1.8-liter 2ZZ is partly responsible for the cancellation.