Find or Sell Used Cars, Trucks, and SUVs in USA

1969 Lotus Elan S4 Special Equipment Rare, Improved Classic Sports Convertible on 2040-cars

Year:1969 Mileage:61240
Location:

Stratford, Connecticut, United States

Stratford, Connecticut, United States

Auto Services in Connecticut

Tint Works/Sound Works ★★★★★

Auto Repair & Service, Automobile Parts & Supplies, Glass Coating & Tinting
Address: 923 Dixwell Ave, Guilford
Phone: (203) 785-8692

Spring Replacement Auto And Truck Center ★★★★★

Automobile Parts & Supplies, Auto Springs & Suspension
Address: 320 North Ave, Seymour
Phone: (203) 335-2138

S & S Transmission ★★★★★

Auto Repair & Service, Auto Transmission, Parking Lots & Garages
Address: 670 Meridian Street Ext, Hanover
Phone: (860) 445-8104

Papa`s Chrysler Dodge Jeep Ram SRT ★★★★★

Auto Repair & Service, New Car Dealers, Used Car Dealers
Address: 585 E. Main Street, Windsor
Phone: (860) 225-8751

Monro Muffler Brake & Service ★★★★★

Auto Repair & Service, Automobile Parts & Supplies, Mufflers & Exhaust Systems
Address: 556 Boston Post Rd, Guilford
Phone: (203) 458-1658

Mickey`s Towing & Repair Station Inc ★★★★★

Auto Repair & Service, Towing, Truck Service & Repair
Address: 3104 Fairfield Ave, Fairfield
Phone: (203) 502-7695

Auto blog

Lotus suing former CEO Bahar over spending on homes, helicopters and watches

Mon, 03 Dec 2012

More details have come out about the legal suit and countersuit being contested between Lotus cars owner DRB-Hicom and former CEO of Lotus Dany Bahar. Bahar was brought in by Malaysian car company Proton in 2009 to turn Lotus around, and events during his tenure have made just about everyone wonder "What's going on?" That's not unusual - it can take a minute to figure things out when a new leader takes everything in a new direction - but in this case the clouds didn't clear quickly enough.
When the Malaysian government sold Proton to Malaysian auto supplier DRB-Hicom earlier this year, a forensic accounting team from Ernst & Young and The Rothschild Group started going over the books. Not long after, Bahar was suspended in June from his position and then fired. In his countersuit against DRB-Hicom, claims of lavish spending began to surface. Then the stories and leaks and rumors really began, the UK's Financial Mail reporting on more than one million pounds spent on private flights and home renovations, the New Zealand Herald talking about other executives sacked so that DRB could rearrange a 270-million-pound bank loan to Lotus, and rumors on forums about Bahar flying from his home in Norfolk to Hethel HQ and spending 30,000 pounds on motorsports books for his office.
In the latest Bloomberg report it is said that DRB-Hicom seeks 2.5 million pounds ($4 million US) from Bahar "for unauthorized expenses and overpaid salary and bonuses," including the purported expense of 3,000 pounds on watches for company managers. DRB-Hicom also says Bahar made damaging statements to the media, on top of breaching his contractual duties. Bahar's countersuit seeks $10.6 million from DRB-Hicom.

Former CEO Bahar files $10.6M suit against Lotus

Mon, 27 Aug 2012

File this one under "not surprising in the least." Fired Lotus CEO Dany Bahar is reportedly suing his former employers for some $10.6 million, claiming that the automaker and its Malaysian owner, DRB, broke the law when they dismissed him. According to a report by Bloomberg Businessweek, DRB and Lotus will defend themselves in court rather than settling, including filing a countersuit against the former top executive.
Bahar, 40, was canned on June 7, about two weeks after Lotus suspended him pending an investigation into his conduct. The report cites a Kuala Lumpur stock exchange filing as its source of the information; the filing also indicates that DRB has decided against selling Lotus, despite continuing losses.

Lotus C-01 motorcycle shows its carbon-fiber face

Thu, 16 Jan 2014

Well, this isn't exactly what we were expecting. The images you see above come from Motorcycle News in the UK and are apparently official renderings of what the upcoming Lotus C-01 motorcycle will look like. As you can see, it's sort of a power cruiser, with a raked-out front end and extremely wide rubber out back.
Power will reportedly come from a liquid-cooled V-twin engine sourced from KTM, similar to the one used in the Austrian's brand's own RC8R, but tuned to produce around 200 horsepower. It appears that the powertrain and all its related necessities will be housed in a carbon fiber monocoque (whether the bodywork serves as a stressed member or not, we can't say) in a traditional-looking black (really, exposed carbon fiber weave) and yellow color scheme.
From the looks of these renderings, the C-01 might be intended as a competitor for the Ducati Diavel and ought to be very quick in a straight line. We're not so sure that's what a motorcycle wearing the Lotus badge should be, even if its builders are only using the marque's name under license, but we're looking forward to seeing the final result in production trim.