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Ferrari exec to take over top post for Lotus

A top executive is trading in his Ferrari red for the green of Lotus. Dany Bahar will take over as the CEO of the British sports-car maker on Oct. 1.

Lamborghini concept: third Paris teaser photo

By Ben Pulman First Official Pictures 24 September 2008 16:59 Here we go again. This is Lamborghini’s third teaser image of a concept car it will unveil at the Paris motor show next month. This image comes with the tagline ‘the elegant realisation of technical potential’, but right now we’re wondering how many more pictures Lamborghini can produce before it shows us the whole car.

Mitsubishi revamps U.S. strategy

Mitsubishi plans a different U.S. model lineup and a new production strategy for its assembly plant in Normal, Ill., as it shifts emphasis away from regionally focused vehicles to global small cars, hybrids and electrics. Shinichi Kurihara, CEO of Mitsubishi Motors North America, says the company will launch four new models in the United States within three years, as four slow-selling U.S.-built vehicles are phased out of production by 2014.