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Ferrari exec to take over top post for Lotus
Thu, 03 Sep 2009A 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.
Fisker Automotive lays off some workers as government reworks loan
Mon, 06 Feb 2012Work on the Fisker Nina family sedan has temporarily halted at the Fisker Automotive plant in Wilmington, Del., while the carmaker and the federal government hash out details of the company's $529 million Department of Energy loan. The interruption has resulted in the layoff of 26 people at its Delaware plant and a number of contract engineers at Fisker's Anaheim, Calif., headquarters. Fisker Automotive said some of the engineering-staff reductions in Anaheim were already planned to occur in between development of the Karma and the Nina.
New Lotus Esprit still on schedule
Sun, 10 May 2009The new Lotus Esprit - on schedule for launch in 2011 or 2012 The next Elise will probably be a development of the existing car, rather than anything radical and new. But the Esprit will be an all new V8 based on the new Evora chassis. It will be longer and wider than the Evora, but will still feature a mid-mounted engine and, in all probability, come as a convertible in time.