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Lotus bankruptcy case dismissed in UK

Times have not been easy for Lotus lately, so when its name came up on a list of companies scheduled for a liquidation court, it seemed like the end could be near for the fabled British builder of lightweight sports cars. As it turns out, Lotus was on the Companies Court Winding Up list in the UK due to a contractual dispute with a supplier, and the High Court has since dismissed the case. According to Autocar, Lotus and the supplier actually resolved their issue earlier in the year, but the process couldn't be stopped until seen by a judge. The report says that the case was initiated w... Read More

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    Lotus Elise
    Report: Lotus bankruptcy case dismissed in UK
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    Times have not been easy for Lotus lately, so when its name came up on a list of companies scheduled for a liquidation court, it seemed like the end could be near for the fabled British builder of lightweight sports cars. As it turns out, Lotus was on the Companies Court Winding Up list in the UK due to a contractual dispute with a supplier, and the High ...

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    Lotus Elise
    Confirmed: Lotus confirms in-house V8, Lego-like chassis has potential
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    %Gallery-111533% Lotus is working overtime getting the next Esprit ready for its late-2013 production target, and that means development of everything from an in-house V8 to a slew of new chassis components are under way. Lotus officials confirmed to Autoblog that the automaker is working on its own 4.8-litre V8 that will power the mid-engine Esprit, ...

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    Lotus Elise
    Lotus teaser for Frankfurt. What the F... indeed.
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    Lotus is getting ready to put on a show in Frankfurt, and the automaker has released a teaser video to provide some insight into its auto show plans. Apparently Lotus has hired a David Lynch wannabe to direct it's latest video, because we're not exactly sure what's going on here. We don't even know if Lotus knows what's happening in the video. We do know ...

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    Lotus Elise
    Report: Report: Investigation into Lotus Elise for oil leak onto tire
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    In the U.S., the National Highway Traffic Safety Administration has received 17 complaints about an errant oil line in the Lotus Elise, and thus, has opened an investigation. The issue concerns the line on the front right oil cooler, which, having got loose, sprays oil either on the wheel or inside the engine bay. This investigation pertains to around ...

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    Lotus Elise
    Lotus ending production of North American Elise/Exige in August
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    Lotus tells Autoblog that production of its North American-spec Elise and Exige models will cease in August. The lightweight track terror put the English automaker back on the map in North America in 2004, but a federal exemption for a lack of "smart" airbags on the sports cars is about to run out. The waiver ends this year, and combined with Toyota ...