Chinese Bank May Come To Saab’s Rescue

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Chinese Bank May Come To Saab’s Rescue
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Saab’s sob story saga might be coming to an end, though the information surrounding their pending acquisition is murky at best. Rumors swirled quickly around the media yesterday that the Bank of China, fourth-largest by market value had planned to acquire just under 50 percent of the company. Those reports are now being corrected— it’s a bank in… Continue Reading...

Lotus Debuts New Evora GTE By Swizz Beatz

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Lotus Debuts New Evora GTE By Swizz Beatz
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The Evora GTE is the most powerful Lotus to date, making 444 horsepower with a 3.5-liter v6, but track-bred performance isn’t quite enough to make it pop. Instead Lotus signed a deal with rapper/producer Swizz Beatz to collaborate on a special line of cars that have hiphop swag. This isn’t the first time an automaker… Continue Reading...

Lotus Cars USA Announces New CEO

Lotus Cars USA Announces New CEO
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Lotus Cars USA made the public announcement that former Ferrari CEO Maurizio Parlato is the new CEO of their U.S. operation. Parlato has actually been with the company for a few months, but Lotus spokesman Kevin Smith told Automotive News Lotus hadn’t made the announcement until recently because they had been too busy appearing at auto shows. Parlato’s… Continue Reading...

Kimi Raikkonen Returns To F1 In 2012 With Lotus GP

Kimi Raikkonen Returns To F1 In 2012 With Lotus GP
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The 2007 Formula 1 world champion Kimi Raikkonen is making a comeback to the sport after a two-year break. However, its not like he was sitting at home doing nothing for the last two years. Raikkonen dabbled in WRC rallying, and also tried his luck in the NASCAR Truck Series. But it’s F1 where his… Continue Reading...

Lotus V8 Engine For New Esprit To Pack 620 Horsepower

Lotus V8 Engine For New Esprit To Pack 620 Horsepower
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Little development has been revealed by Lotus since they first announced their line-up revamp at the 2010 Paris Auto Show. However, sources report Lotus has got all hands on deck to make sure its dedicated in-house V-8 will be complete by late-2013. The engine is designed to serve duty in the mid-engined Esprit as well… Continue Reading...

Lotus Launches in China With Beijing Dealership, 10 More to Follow Next Year

Lotus Launches in China With Beijing Dealership, 10 More to Follow Next Year
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There used to be a time when any car company hoping to succeed in business would open up shop in North America. While North America remains one of the key markets for car companies, the new focus is on emerging markets, with China as the number one choice. Group Lotus is the latest to enter… Continue Reading...

Decision Announced on Team Lotus vs. Group Lotus F1 Naming Rights

Decision Announced on Team Lotus vs. Group Lotus F1 Naming Rights
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Fans of Formula 1 racing and Lotus must have spent this year feeling a bit confused regarding who they should support, since there were two teams going by the name Lotus. There was Team Lotus, a private team founded by Tony Fernandes (who also owns Caterham Cars), and then there was Group Lotus which was… Continue Reading...

Lotus Elise, Exige Recalled For Oil Cooler Defects

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Lotus Elise, Exige Recalled For Oil Cooler Defects
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Lotus Elise and Exige sports cars manufactured between June 1, 2004 and November 30, 2006 are subject to replacement of a faulty oil cooler line, which may be prone to leak oil or suffer from the line detaching completely. If attention isn’t given at a timely matter, the defect can cause slippery oil to coat… Continue Reading...

Lotus Secures Regional Growth Fund Cash to Further Model Development

Lotus Secures Regional Growth Fund Cash to Further Model Development
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Keep an eye on Lotus over the next six years, they just won a bid for this round of the Regional Growth Fund (RGF). Lotus CEO Danny Bahar said in a press release that the money will help the company refresh its line of sports cars with best in class performance and emissions. The RGF… Continue Reading...

Lotus Evora S GP Edition Celebrates Return to F1

Lotus Evora S GP Edition Celebrates Return to F1
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Honoring the Lotus Renault Formula One Grand Prix team, the British sports car company is giving three passionate UK enthusiasts the opportunity to own a very custom car. The GP Edition Evora S is fully loaded with the Premium Pack with SuedeTex, Lotus’ Tech Pack and a set of 19-inch forged diamond cut wheels. The… Continue Reading...

Group Lotus Fields Works Karting Effort

Group Lotus Fields Works Karting Effort
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Under the guise of the ‘Lotus Racing Kart’s banner, the company, in conjunction with Jefra Racing, will operated a full factory effort in the 2012 CIK-FIA World Karting Championship and to boot, the team’s cars will sport the unmistakable black and gold livery, made famous by Lotus Formula 1 racers during the 1970s and much... Continue Reading...

Lotus Ethos City Car To Arrive In 2013 With $45,000 Price Tag

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Lotus Ethos City Car To Arrive In 2013 With $45,000 Price Tag
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Following in the footsteps of the Aston Martin Cygnet, Lotus will introduce their own City Car, apparently dubbed the Ethos, in late 2013. First unveiled at the 2010 Paris Auto Show, the Ethos will be powered by a hybrid powertrain or possibly a fully electric system like the Nissan Leaf. The concept used a 1.2L… Continue Reading...

Lotus Evora GTE Confirmed for U.S. Sale

Lotus Evora GTE Confirmed for U.S. Sale
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It’s billed as the most powerful Lotus ever made. Based on the brand’s Le Mans racing car it’s also the most hard core. And now you’ll be able to buy one, in America! Speaking with Ian Fry, platform manager for the Evora at Lotus Cars Limited at the car’s unveiling at the Frankfurt Motor Show,… Continue Reading...

Lotus Reveals Bespoke Engine On Facebook

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Lotus Reveals Bespoke Engine On Facebook
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After decades of borrowing powertrains from Ford, Renault, Toyota and other OEMs, Lotus has revealed some of the first pictures of a working engine, designed and built in-house. From the photo released on Facebook, the engine appears to be a DOHC V8 with a racy looking intake plenum and airbox setup, similar to an Italian… Continue Reading...

Lotus Evora GTE, Exige S Video First Look: 2011 Frankfurt Auto Show

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After having showcased numerous new concept cars at the past several auto shows, one might expect that Lotus had dried up its reserve of new car news. Not so. At the Frankfurt Auto Show the British manufacturer had on display six new or newish models. Many won’t make their way to North America, but some… Continue Reading...

Lotus Evora GTE Unveiled as the Most Powerful Lotus Ever: 2011 Frankfurt Auto Show

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Lotus Evora GTE Unveiled as the Most Powerful Lotus Ever: 2011 Frankfurt Auto Show
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After being revealed in concept form at Pebble Beach, just a few weeks later Lotus has rolled out the production version of the Evora GTE Road Car at the Frankfurt Auto Show today. In many ways a road-going version of the Evora GTE race car, the road car holds the title of the most powerful… Continue Reading...

Lotus Exige S Reborn With Supercharged V6: 2011 Frankfurt Auto Show

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Lotus Exige S Reborn With Supercharged V6: 2011 Frankfurt Auto Show
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Having been cut from the Lotus lineup only recently Lotus hasn’t wasted any time in bringing back it’s hard-core track superstar, the Exige. Looking remarkably similar to its predecessor, the new Exige S is a solid 10-inches longer and 2-inches wider than that car. Perhaps the biggest change, however, is under the hood, with the… Continue Reading...

Lotus Exige R-GT to Bring British Brand Back to Rally Racing: 2011 Frankfurt Auto Show

Lotus Exige R-GT to Bring British Brand Back to Rally Racing: 2011 Frankfurt Auto Show
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Alongside a new Exige S street car, Lotus has unveiled its proposed entry into rally racing, the Exige R-GT, today at the Frankfurt Auto Show. Weighing in at around 2,600 lbs this race car trades the old Exige’s 4-cylinder for something close to what can be found out back in the Evora S – a… Continue Reading...

Lotus Exige Teased in New Video [Frankfurt Auto Show Preview]

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Ahead of its Frankfurt Auto Show premiere of six new models, Lotus has released a perplexing video teaser of one of these new sports cars. But wait, the above screen shot, taken from the boxer-on-a-race-track Lotus Films production, hints that perhaps Lotus will reveal an all-new Exige in Frankfurt. Don’t expect a production model, but… Continue Reading...

Homemade Lotus 2-Eleven With 305-HP Could be Yours for $28,977

Homemade Lotus 2-Eleven With 305-HP Could be Yours for $28,977
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Lotus‘ Elise is a pretty wicked sports car straight from the factory, but with some creativity one can have a serious street/race car on their hands. This roofless Elise has been floating around the Internet for some time now, supposedly packing 305-hp in a 1500-lb body making it one ultra-lightweight, supercharged, and sequentially-shifted machine. Now… Continue Reading...

Lotus Evora S Freddie Mercury Edition Revealed

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Lotus Evora S Freddie Mercury Edition Revealed
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September 5th marks the birthday of Freddie Mercury, the legendary front man to the rock and roll band Queen. Having succumbed to AIDS almost twenty years ago, fans, friends and family will gather at the Savoy Hotel on September 5th, 2011 to celebrate what would have been Freddie’s 65th birthday. In honor of the occasion,… Continue Reading...

Lotus Cup USA Series To Kick Off September 2nd At New Jersey Motorsports Park

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Lotus Cup USA Series To Kick Off September 2nd At New Jersey Motorsports Park
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The Lotus Cup USA Series will begin its season on September 2nd at New Jersey Motorsports Park, followed by a second round at Lime Rock Park In Connecticut on October 20th. The inaugural East Coast events kick off the series, which features both open lapping days and a time trial event. The idea is to let Lotus… Continue Reading...

Lotus to Debut 3 New Cars, 2 Options and 1 Special Edition at Frankfurt Auto Show

Lotus to Debut 3 New Cars, 2 Options and 1 Special Edition at Frankfurt Auto Show
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For a company that only has one car left in its lineup (at least in North America), Lotus sure has a lot going on. The automaker has announced the debut of what will amount to six new models at the Frankfurt Auto Show. To be more specific, however, there will be three new cars, two… Continue Reading...

McLaren F1 Designer Gordon Murrary Joins Lotus

McLaren F1 Designer Gordon Murrary Joins Lotus
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Gordon Murray, the man responsible for not only designing, but conceiving the idea for the McLaren F1, is now a part of Lotus. Murray joints the likes of industry veterans Tom Purvez and Bob Lutz on the brand’s advisory council, giving input on the future direction of the brand. The purpose of the council, says… Continue Reading...