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0Report: Lotus suing former CEO Bahar over spending on homes, helicopters and watches 1354545060
More details have come out about the legal suit and countersuit being contested between Lotus cars owner DRB-Hicom and former CEO of Lotus Dany Bahar. Bahar was brought in by Malaysian car company Proton in 2009 to turn Lotus around, and events during his tenure have made just about everyone wonder "What's going on?" That's not unusual – it can take ...
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Report: Lotus Esprit all but ready to go, but held back by management issues 1353939300
Brief and disappointing is this report from Autocar on the status of the Lotus Esprit: it is finally ready and sitting at the light, but the light might not go green for a long time. The good news is that from being a concept two years ago at the Paris Motor Show, the aluminum and carbon fiber revival coupe is "purportedly almost finished." It is powered ...
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Video: EVO's "2012 Car of the Year: The Track Battles" is a sports car salmagundi 1353884400
EVO has come out with another gotta-watch-it video, throwing its 2012 Car of the Year contestants around the 2.4 kilometre Blyton Park track. It's actually a 15 minute teaser for the full-length DVD detailing EVO's Car of the Year selection, but the tease is worth every penny free second. Tiff Needell and sports car racer Richard Meaden handle the wheel ...
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Report: Coca-Cola returning to F1 with Lotus sponsorship [w/videos] 1353783600
Even before Red Bull Racing became a record-breaking three-time Constructor's Champion in Formula One, it has dominated conversations both as a team and as an energy drink. After seven years of "Red Bull this" and "Red Bull that," Coca-Cola is reportedly ready to jump into the F1 fray with its Sweden-based energy drink Burn. Rumours had placed ...
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Lotus and Aston Martin to hook up? 1351635600
This has been a tumultuous year for Lotus – to say the least – from the company being sold off back in January to its CEO Dany Bahar being fired in June to its questionable financial status and rumors of the British automaker being sold off to another automaker. First, we heard that Volkswagen was interested in acquiring Lotus and parent ...
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Video: SaturnsDrives Exotic Cruise catches attention of high-end cars for season finale 1350324900
With the Fall season in full swing, dozens of thrill-seeking drivers and their supercars turned out for one last exotic car cruise event prior to their looming winter hibernation. The GTA (Greater Toronto Area) North Muskoka Cruise 2012 included some of the hottest cars in the province hitting the open road to enjoy the sights and sounds produced by their ...
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Official: Aston Martin and Lotus each issue recalls 1350243000
A pair of head-turning high performance cars are catching some attention off a different kind, in the form of safety recalls. Aston Martin and Lotus have issued recalls for the V12 Vantage Coupe and Evora, respectively. Aston Martin's affects 169 examples of the 2009-2012 V12 Vantage Coupe. It concerns the tire-pressure monitoring system, and is less a ...
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Rumormill: Lotus Esprit cancelled? 1349391540
Two years ago, we were gobsmacked when humble Lotus shocked the automotive world by wheeling out no fewer than five new models – admittedly in various stages of development – at the 2010 Paris Motor Show. The ambitious onslaught of new sheetmetal came at the behest of then-CEO Danny Bahar who aimed to broaden the British marque's appeal by ...
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Report: Former CEO Bahar files US$10.6M suit against Lotus 1346261340
File this one under "not surprising in the least." Fired Lotus CEO Dany Bahar is reportedly suing his former employers for some US$10.6 million, claiming that the automaker and its Malaysian owner, DRB, broke the law when they dismissed him. According to a report by Bloomberg Businessweek, DRB and Lotus will defend themselves in court rather than ...
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Official: Lotus announces new Exige V6 Cup racer 1345588200
The Lotus Exige is once of the most focused race cars that you can purchase on the market today, but for those individuals who desire to track the mid-engined racer, Lotus has released its latest no-frills, all-go racecar: the Exige V6 Cup. The Exige Cup features a supercharged 3.5-litre V6 making 346 horsepower, enabling the 1,080 kg (2,380-lbs) race ...