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Lotus fights back with three-year warranty and servicing deal

By Tim Pollard Motor Industry 02 July 2014 12:55 Lotus has this month launched a three-year warranty and servicing deal for all new Elise, Exige and Evora models. The move is designed to kickstart interest in the brand, which is suffering a 9% slump in sales in 2014 year to date. Lotus has sold just 73 cars in the United Kingdom over the first five months of the year.

Akio Toyoda named Toyota president amid global crisis

Akio Toyoda, scion of Toyota Motor Corp.'s founding family and now its next president, will bring a U.S. perspective to the automaker as it battles falling sales and an unprecedented financial crisis. Toyoda, 52, will succeed current President Katsuaki Watanabe in June, the company said Tuesday, ending weeks of speculation.

Honda, Volvo models named top safety picks from IIHS

Safety enhancements helped Honda Motor Co. and Volvo earn top safety picks from the Insurance Institute for Highway Safety. The 2013 Honda Civic, the first small car to achieve a "good" rating in the institute's new small overlap test, was fortified with the second generation of Honda's advanced compatibility body (ACE II) structure.