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Lotus announces Evora Sports Racer

When one hears the phrase “Lotus sports racer,” the classic Eleven comes to mind, especially in either raw aluminum or British racing green. Others might recall George Follmer's Lotus-Porsche, a Fuhrmann-powered beastlet of a 23 that won the US Road Racing Championship in 1965. This is not that.

Volkswagen wants Karmann

VW wants to buy Karmann Just like all the other specialist coachbuilders out there – Zagato, Pininfarina, etc – life has not been a bed of roses for a long time for Karmann. Once a great way for wealthy owners to ‘Customise’ their cars, the specialist coachbuilders have relied more and more on relationships with big car makers to survive. None more so than Karmann, whose hopes for survival rested on VW divvying up an order for electric cars.

Marchionne's dilemma: To sell or not to sell Alfa to Volkswagen?

Fiat CEO Sergio Marchionne's self-confidence has helped him tackle problems that lesser executives would duck, but he may have met his match. In a public test of Marchionne's faith in his own turnaround strategy, in September Volkswagen Chairman Ferdinand Piech bluntly announced that he wants to buy Alfa Romeo. Piech was suggesting that VW--and only VW--could transform Fiat's perennial money-losing brand into a real moneymaker.