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Lotus CEO Dany Bahar on the crisis at Lotus Cars
Tue, 17 Apr 2012Lotus chief executive Dany Bahar has laid bare the business position at Lotus Cars since the takeover of parent company Proton by Malaysia's DRB-Hicom. Norfolk's sports car maker has been buffeted by rumours of financial crisis and looming collapse since development was frozen by the new owners (click here for our coverage of the crisis at Lotus. CAR scored an interview with Bahar at the Hethel headquarters yesterday afternoon. He was abroad at the time of last week's media maelstrom, when rumours and slurs flew around about the state of Lotus's finances.
Fiat's Montezemolo plans to quit as chairman, sources say
Tue, 20 Apr 2010Fiat S.p.A. Chairman Luca Cordero di Montezemolo will quit as company chairman to go into politics, three sources close to the company said. Montezemolo is set to stay on Fiat group's board, as well as remain chairman of the company's Ferrari sports car subsidiary.
Ferrari M458-T (2015) - more details of 458 Italia’s turbo facelift
Wed, 06 Aug 2014By Georg Kacher Motor Industry 06 August 2014 09:46 Twenty-six years after the F40, the California T marks Ferrari’s late comeback to the turbo fraternity. Predictably enough, the next turbocharged model - the facelifted 2015 Ferrari 458 Italia - is just round the corner. At the 2015 Geneva motor show, the Italian sports car maker is expected to launch the M458-T, otherwise known as the revised Ferrari 458 Italia.