isn’t going anywhere, according to parent company Proton. Autocar reports representatives of Proton’s new owner, DRB-HICOM, stopped by Lotus HQ to reassure the company’s staff.
Dato Sri Haji Mohd Khamil Bin Jamil, DRB-HICOM group managing director, said his company “is not thinking about a sale.” While the executive said that he could never fully dismiss the prospect of sending Lotus off to another owner, right now such a move isn’t one of his company’s top priorities. Instead, figuring out a course for Lotus could take months. In the meantime, Dato Jamil said his company would continue to support Lotus financially.
Until recently, Proton was owned by the Malaysian government, but DRB-HICOM purchased the company three months ago. Since then, the future of Lotus has been anything but certain. All production and development stopped for 60 days after the deal was inked, but has now officially resumed. Even so, with no clear long-term decision from DRB-HICOM, it remains unclear whether Lotus will pursue the five-year plan laid out by company CEO Dany Bahar.
CAR magazine reports is hard at work on crafting the next-generation . When it bows, the machine is expected to carry with it an all-new nomenclature, doing away with the 1 badge in favor of a new 2 Series emblem. This we’ve heard of BMW filling in its model line with both 2 and 4 Series models, nor the first hint that the 1 Series Convertible will be reborn as the 2 Series. CAR does supply a few more details however, stating that the 1 and 2 will be separated largely by a few sheetmetal tweaks. That means we can expect to see more or less the same engine options behind the headlights.
Why bother changing the naming structure at all? According to CAR, BMW is attempting to get its fleet more inline with those of and , which use a hierarchical structure to differentiate less premium models from pricier hardware. The report suggests buyers can expect to see the new 2 starting in 2014, complete with a six-speed manual transmission or an optional eight-speed automatic gearbox.
While the investigation of the that is not over, pundits have begun to weigh in. Automotive News has found a particularly credible one in Jon Bereisa, CEO of Auto Lectrification and the chief engineer of the General Motors EV1 and systems architect for the . And according to Bereisa, the poor packaging of the Karma’s internal combustion engine is what likely caused the fire.
“The engine is shoehorned into that bay, because they had to use a larger engine, because it was too heavy a car,” Bereisa told AN. “As a result, there’s no room for exhaust routing and heat shielding to route the heat away.”
The Karma uses a turbocharged, 2.0-liter four-cylinder engine sourced from GM. In the Karma, however, the Ecotec does not drive the wheels, but acts as a generator to supplement and recharge the batteries. The report says that a fluid leak, combined with tight engine compartment confines and the resultant high heat from the gasoline engine’s exhaust and the would have been enough to cause the fire.
Fisker is maintaining that it is not the car’s battery pack that is at fault, and has pointed to other potential sources of the blaze, according to the report, telling AN that, “There are myriad combustible materials that could be in the garage, in the wheel arch, or picked up on the roadside.”
Now that the title of world’s largest maker has become a clear and eager battle, we can expect more regular updates on the progress of the combatants. Bloomberg reports that snagged the #1 crown in Q1, taking it away from with 2.49 million units sold across its five brands compared to 2.28 million for GM. was just another tenth down at 2.19 million units sold.
What all three might appreciate even more than the crown – except for VW, who is monomaniacal about the No. 1 tag – is that sales volumes and profitability are up, at least in America. Toyota’s sales rebound from the catastrophes of last year (and indeed, the last few years) is being underlined by its performance here, where the is against a background of the nation’s . Even with double its usual fleet sales in Q1, Toyota expects this financial year’s .
The year isn’t over yet and it remains close, but for now it looks like there’ll be good news for everyone. Well, until 2016, when Volkswagen is all challengers at the top of the podium, two years ahead of its own ridiculously ambitious schedule.
When Queen Elizabeth II celebrates her Diamond Jubilee, it will be a cause for celebration for her entire United Kingdom. But the Brits aren’t the only ones marking Her Majesty’s 60 years on the throne.
The celebrations will apparently include delegations from around the world, including one mixed party of prancing horses old and new to represent Italy. Not only will several be represented at the first Concours d’Elegance to be held at Windsor Castle, but Ferrari is bringing the 4th Mounted Carabinieri to strut their stuff on the grounds of the palatial estate for Her Majesty’s enjoyment.
The event will form part of the Diamond Jubilee Pageant from May 10 to 13, but you can see a preview of what Ferrari and the Mounted Carabineri it supports have in store . The fancy dress makes the Royal Canadian Mounted Police (which you’d otherwise be more likely to see in the other Windsor, where Sergio Marchionne – chief executive of Ferrari’s parent company – went to college) look sober by comparison, but it’s worth watching for the overly dramatic music alone.
With its screaming 4.5-liter V8 and its clever flip-top roof mechanism, we’d venture to say that the 458 Spider is pretty damn close to automotive perfection incarnate. But some owners – even Ferrari owners – will never be satisfied with stock. And that’s where Novitec Rosso comes in.
The Dutch tuning house specializes in Italian exotica, and for the have just announced a series of upgrades that aims to make their take on the flip-top prancing horse stand out that much more on the streets of Monaco or Abu Dhabi where they’re most likely to encounter others of the same.
Novitec knew better than to mess with the engine too much, so it forwent the addition of supercharger or turbo spools. Instead it limited itself to fitting the high-revving eight-banger with new breathing apparati and ECU that boost output up to 600 horsepower and 420 lb-ft of torque – a boost of about 40 hp and 20 lb-ft, respectively.
The engine mods have been supplemented by an upgraded, adjustable suspension with 22-inch wheels wearing ultra-low-profile Pirelli P-Zero rubber. And the entire package is rounded out by an aerodynamic body kit crafted from carbon fiber – a treatment that continues to the interior where customers can also find a special button on the steering wheel to open the exhaust flaps for a little moor burble. You know, just in case the weren’t packed with enough buttons already.
Some teams might give a promising young driver a second chance, but not . You only get one offer to drive for the Scuderia, and if you turn it down, that’s your last chance.
Legend has it that Ferrari made that offer to Jacques Villeneuve way back in the late 90s after he’d won the Indy 500 and the CART title in the same year, going on to place second in his first season in Formula One and clinching the title the following year. He was the hottest commodity in motor racing, after all, and Ferrari had been his father’s team. But Jacques turned it down, opting instead to build up the BAR- team for which he would drive for five seasons before bouncing around another three and eventually retiring.
JV never did get another shot at driving for Ferrari – not in F1 and not in any other form of motor racing, of which Jacques has contested many. Not until today, anyway, when he was invited to the firm’s private Fiorano test track. The reason was to pay tribute to his late, great father Gilles Villeneuve.
The occasion was of Gilles’ tragic death, which occurred behind the wheel of a Ferrari F1 car during qualifying for the Belgian Grand Prix on May 8, 1982. Gilles Villeneuve, for whom the grand prix circuit in Montreal is named, was regarded as one of the best drivers ever to have lived, and to see his world champion son drive his Ferrari 312 T4 – the same one in which he won three races in 1979 – was surely a fitting tribute. See for yourself in the vast gallery of high-resolution images above.
Sportsmen – whether you’d classify them all as athletes or not – are some of the wealthiest people in the world. And every year, The Sunday Times puts out a list of the richest among them. The list takes all their assets into account – including salaries past and present, endorsements and other investments – and ranks them by their net worth. So who comes out on top?
Golfers, if you can believe it. Tiger Woods tops the Top 20 list worldwide at £538 million (~$870M), joined by Arnold Palmer at No. 4 with £230M ($370M), Greg Norman at No. 9 with £174M ($280M) and Jack Niclaus at No. 11 with £158M ($255M). But just behind them are the racing drivers.
Michael Schumacher just trails Tiger with £510 million ($824M), making him the second richest sportsman in the world, by far the wealthiest racer, and within reach of becoming the first billionaire driver in the world. Little wonder, as he’s the most decorated driver the world has ever known.
Also on the list are Fernando Alonso and Kimi Raikkonen, who tie for eighteenth place (together with baseball’s CC Sabathia) at £100 million ($160M) apiece. But in between these Formula One drivers sits one Dale Earnhardt, arguably the biggest name in NASCAR, who ties basketball star Kobe Bryant at sixth place with £185 million ($300M) in assets.
Now if only someone paid us that much to drive around in circles, well…we’d still probably be blogging about cars, only we’d be doing it from onboard our own mega-yachts somewhere a lot more glamorous.
Exotic automakers from Italy come and go, and some are missed more than others. But while names like , and have remained constant throughout, others have risen and fallen. was one such example – revived temporarily by Italian investors before Volkswagen stepped in to bring it back to Alsace – but another is De Tomaso.
Founded (not unlike Pagani) by an Argentine-Italian in Modena, but way back in 1959, De Tomaso produced legendary sports cars like the Vallelunga, Mangusta and of course the Pantera. It even owned Maserati and Moto Guzzi for a time, but it eventually petered off into bankruptcy. Along came a certain Gian Mario Rossignolo – a veteran auto exec in Italy – to scoop up what was left of the company in 2008.
The revival led to the debut of the Deauville concept at the 2011 , but a lack of interest and funds led to the program being sold to a Chinese automaker which appears to have done little with it. Meanwhile it looked for a time that Rossignolo was planning to continue development of a new Pantera, but those plans have reportedly lost momentum as the outfit struggled without enough capital to even pay its workers.
The most astute readers may recall Rossignolo’s name coming up in the news about a month ago as well, when his other business – Prototipo SpA – . Whether the proceeds from that sale end up giving Rossignolo enough to pay his staff and possibly turn the Pantera program around, however, or if they’ll only prove sufficient to repay his debts, remains to be seen.
has long had an advantage over and when it comes to maintenance and ownership costs that it has hardly ever advertised – free maintenance for the first four years of ownership. The secret will be no more as the company is about to unleash a major ad push behind the program known as BMW Ultimate Service.
The ads, done by BMW’s ad agency, Kirshenbaum Bond Senecal + Partners, which took BMW’s whole ad account assignment last August, are set inside a BMW dealership and draw on comedy to depict the surprise and even incredulity that four years of free maintenance comes with every new Bimmer. In one spot, for example, a woman thinks the promise of free maintenance is a come-on, and she reminds the salesman that she is married. In another spot, a man buying a BMW thinks he has to give the salesman sports tickets in order to get the deal.
BMW’s marketing chief Dan Creed says the ad campaign, for which there are 27 different possible endings to the vignettes between salesman and customer, is timed right for a market of luxury buyers, which, though seemingly fully recovered from the economic death march of 2008-2010, is still looking for value along with their luxury.
“The expectation and widely held belief that BMW has very expensive maintenance costs is still a big factor in why people bypass us when shopping, and we think we have a very efficient way of changing that perception here,” says Creed. “Mercedes, Lexus, and our other competitors don’t have this, and we are going to use it as a meaningful point of difference.”
for more on BMW’s upcoming ads and to watch the videos.
Host Adam Ferrara has confirmed Top Gear USA will be back for a third season. The comedian-turned television personality broke the news during an event in New York City last night, according to Inside Line. The show is slowly gaining momentum in the U.S., and this season saw its best ratings yet. One episode drew an impressive 2.1 million viewers. Of course, that’s a small figure compared to the legions who tune in or download the original “Top Gear,” but with the U.S. hosts getting more comfortable with each other every episode, we’ll hardly turn down more car-oriented programming.
Then again, Top Gear USA may be your only TG fix over the next few months. Jeremy Clarkson just confirmed the original show won’t . According to Ferrara, production on season three starts this weekend.
The global luxury war has three fierce combatants, all German, all producers of amazing vehicles, and all serious about besting their two other rivals. While has been winning as of late, the latest battle goes to .
The luxury brand sold 125,200 vehicles in April, topping BMW’s 121,476, according to Reuters. It was the first time Audi outsold BMW since January 2011. BMW still holds the year-to-date lead with 478,030 units sold, compared to 471,300 for April’s champ, according to the report. BMW sales are up 10.1 percent for the year, while Audi’s have risen by 11.7 percent.
sits over 50,000 units behind at 418,246, according to Automotive News. Sales of Mercedes vehicles are up 9.7 percent on the year.
Audi’s ascendency can be traced to China, where sales rose 44 percent in April, according to AN. European sales, by comparison, were only up 4.9 percent, with U.S. sales rising by 15 percent.
Automotive News reports will turn to Magna Steyr to build a new compact car in 2014. The Austrian manufacturer will assemble the vehicle as part of the luxury brand’s efforts to grow in western Europe and other global markets.
So far, Nissan and Infiniti have been tight-lipped about what the vehicle will bring to the table, but earlier reports have hinted the model will be designed to compete directly with the likes of the and Mercedes-Benz A-Class. Speaking of , the new Infiniti will likely ride on the same underpinnings as the current A and B-Class models.
The report says Nissan is set to use a number of Daimler components in the new compact, including Mercedes-Benz four and six-cylinder engines. Expect to see both gasoline and diesel variants as well. Magna Steyr is expected to produce between 50,000 and 60,000 Infiniti units per year. The two companies are currently finalizing the details of the agreement.
It is nearly impossible to avoid reminiscing about the 1983 Volkswagen GTI while driving the . As you may recall, “the original hot hatch” arrived on our shores seemingly eons ago with a naturally aspirated 1.8-liter four spitting out just 90 horsepower. While hardly brawny, even in an era of wheezy outputs (the 1983 Mustang GT 5.0 generated just 175 horsepower), its low curb weight of 2,100 pounds and a base price of $7,995 made the range-topping Rabbit not only light, tossable and reasonably quick, but very affordable.
Fast forward nearly three decades to the 2012 Golf R, a direct descendant of that first-generation . Thoroughly modernized, and riding on a sixth-generation chassis, the new two- or four-door range-topping boasts a bit more displacement and gobs more horsepower. But that is not all today’s hot hatch has gained. With innovation and refinement come mass and cost – both of which have risen dramatically over the past three decades.
After falling head-over-heels for the 2012 Golf R after our last spring, it was time to put one in our garage for a longer run on domestic soil. With an eager and open mind, we welcomed the Golf R into our lives for a week. While we didn’t have a chance to toss it around a closed racing circuit, we did put in several hundred miles on the highway, wrung it out on Mulholland and frolicked in wet Southern California mountain snow. In the process, we not only learned plenty about Volkswagen’s hot hatch, but we met several other Golf R drivers who were more than willing to talk to us about their own experiences.
Until the Chinese began producing the rather attractive MG6, the initials “MG” had been ill omens for at least ten years to all who approached them. The era of the Phoenix Four – former MG execs John Towers, Nick Stephenson, Peter Beale and John Edwards, who bought the company from its previous owners, the badly burned and hastily retreating , for £10 – was just an especially nasty capstone. Their collective £10 investment turned into millions of pounds for each of them but nary a car made before they declared bankruptcy and closed up shop. According to that cost £16.3 million to produce, however, the Phoenix Four .
After all that, there’s one more unsavory epilogue. There were 6,500 workers at MG’s Longbridge factory who left with nothing when Phoenix went bust. After everyone else took their share of the heavy amounts of cash that passed between boardrooms, there is £22,000 ($35,523 U.S.) for final payouts for the workers. That means they’ll each get a check for £2.50 ($4.04 U.S.) – it would have been £3, but according to the report at AOL UK the cost of the stamp needed to send the check comes out of the check.
Before the politics begin, yes we know this is how business works; the Phoenix Four only did what the laws of the land allowed, and that’s as far as you need to look for ruthless reason and rationale. Or you could paraphrase Hunter S. Thompson and say that some get rich and fat, others, well, don’t. Regardless, the MG trustees are appealing to the four directors to personally contribute to the worker payouts, but the odds on that are quite long.
Ben Collins is staying busy. The former Stig has once again returned to stunt driving, this time for the upcoming James Bond film Skyfall. According to The Mirror, Collins has been spotted filming in Istanbul, where he took the wheel to ram a into an during a crash scene.
The stunt vehicle used a special cage on the roof, where the stunt driver can manipulate the SUV with the actors inside. Collins has a long history of working with the Bond franchise. The TV personality turned stuntman worked on both “Quantum of Solace” and “Casino Royale,” though he’s also worked on other films as well.
In Collins’ memoir, “,” the driver turned author describes how he juggled his time in the Army, on Top Gear, as a race driver and a stunt driver at the same time. As you may recall, the BBC attempted to from being published at all, but lost the lawsuit in which it alleged revealing the Stig’s identity would breach Collins’ contract.
When put down several of its brands in recent years, it also let loose thousands of brand-loyal customers who will eventually need another car.
R.L. Polk Associates estimates there are more than 18 million cars from 16 discontinued makes on the road today. Those “ owners” have sales-hungry competitors seeing dollar signs. GM is offering owners $1,000 cash toward a , or a . is giving its lease customers a chance to get out of their contracts with no early-termination penalty and offering to waive six remaining payments if they drive off in a or .
Edmunds.com research shows the efforts are paying off somewhat for GM, with 39 percent of owners, 37 percent of owners and 31 percent of Saturn owners taking delivery of another GM-branded vehicle. But that leaves as much as 69 percent of owners going elsewhere. Ford, and seem to be attracting many former GM owners.
As points out, if you’re driving an orphaned nameplate, you just might be able to use that to your advantage when shopping for a new vehicle.
Hiring a lawyer is like hiring a hitman. Except it’s not against the law. A lawyer’s job is to exert your will on your legal opponent – and on the legal system itself. So it should come as no surprise to see this evolution of distracted driving case law: The victims of a traffic accident have filed a lawsuit against both the motorist and the woman he was texting with when he caused the crash, according to the Huffington Post.
Let’s just state for the record that we have no horse in this race, which is not unlike any other personal injury suit in which the plaintiff’s attorney rounds up anyone and everyone that might be named as a defendant. The difference here, however, is that this is the first time we’re aware of someone being accused of being an accomplice to the breaking of distracted driving laws and causing a crash without even being in the car.
The driver, Kyle Best, a 19-year-old at the time of the accident, has already pled guilty to three violations of New Jersey law, including using a mobile phone while driving, careless driving, and leaving his lane, according to the report. Best hit a couple on a motorcycle with his pickup truck, resulting in both the man and woman losing their left legs. At the time, Best was exchanging text messages with Shannon Colonna, according to phone records.
The couple’s lawyer is arguing that Colonna knew she was texting Best while he was driving, and that her behavior is no different than if she had been having a conversation with him in the car, according to the report. Her attorney, however, maintains that she can’t be liable for the driver’s decision to read the text when it was not safe to do so and that she . The judge in the case is expected to decide whether Colonna can be included in the suit on May 25, according to the report.
Certainly this case is a complicated one, and could have broad ramifications on distracted driving lawsuits as well as . If the plaintiffs’ attorney is successful in bringing the texting woman into the suit, we can certainly expect that lawyers in other states which have texting bans will follow their lead.
Nevada has officially granted a license to test autonomous vehicles on public streets. The tech giant underwent demonstrations in both Las Vegas and Carson City to prove its vehicles are as safe or safer than those piloted by mere humans. The state requires two people to be in the test vehicles at all times, including at one occupant in the driver’s seat and another monitoring the vehicle via an onboard computer. If anything goes wrong, the human “driver” can take over by simply applying the brakes or taking hold of the steering wheel.
As of right now, Google has only applied to license three vehicles. Each one will carry a red license plate with an infinity symbol. According to Bruce Breslow, Nevada Department of Motor Vehicles director, vehicles with autonomous capability could be on the road within three to five years. When that happens, the machines will wear green plates.
When asked SRT CEO Ralph Gilles about the Roadster, Gilles naturally demurred. The Internet, however, always provides an answer to every question, and German magazine Auto Bild has rendered its take on the droptop snake.
Unlike previously, when the coupe and roadster were rather dissimilar, this time the brotherhood will be more traditional… at least according to this artist’s take.
We won’t speculate on how close the rendering might be, but we will say we like it. With the coupe having already enjoyed its 600-horsepower burst onto the scene, it shouldn’t be long before the roadster begins leaking its way out.