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Lotus NOT for sale as Proton sold to DRB-Hicom

Lotus NOT for sale - at least not for two years Despite rumours that Lotus was for sale, the sale of Lotus parent Proton to DRB-Hicom appears to preclude any sale of Lotus for two years. We reported recently that Lotus owners Proton had been advised to sell its loss-making Hethel car-maker Lotus as it geared up to be divested of State ownership in Malaysia. But it seems the sale of Proton in to private hands is to have the opposite effect.

Here's what we missed at the 2014 Concorso d’Eleganza Villa d'Este

This year's Concorso d'Eleganza Villa d'Este took place over the weekend of 23-35 May. Bathed in spring sunshine, the lawns of the Grand Hotel Villa d'Este played host to the annual gathering of 50 of the world's finest classic and concept cars, and 35 motorbikes. Sadly, clashing commitments meant that CDN couldn't jet down to Lake Como this year.

Honda Fit EV prices drop

Responding to price-dropping offers from other automakers on their electric vehicles, Honda will slash the lease deal for its Fit EV starting in June. From the current level of a zero-down, $389/month lease, Honda has lowered the price to zero down and $259/month. Also, for any current holder of a Honda Fit EV lease, effective June 1, their monthly lease payment will also drop to $259 a month.