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Lotus Elise returning to US in 2020

If you've been hoping to get your hands on a new Lotus Elise, we've got mixed news for you. The good news is that Lotus will bring the Elise back to the US market. The bad news is that it won't happen before 2020. Lotus was forced to withdraw the model (along with the Exige) from the US market in 2011 after it no longer complied with US safety regulations and its temporary exemptions expired. Lotus first launched the Elise in 1996 when the company was still owned by former Bugatti chief Romano Artioli. It rolled out the current Series 2 model in 2001, and brought it to America for the first time in 2004. The larger Evora faced similar issues, and was modified in the form of the new Evora 400 that now meets US regulations. Lotus CEO Jean-Marc Gales tells Automotive News that doing the same with the Elise would be unfeasible. "We'd need smart airbags, plus side airbags and to change the whole front crash structure. It would add 100kg," or 220 pounds, said Gales. While modifying the current Elise would be prohibitive, the next version is being designed to meet American standards. That won't happen before 2020. In the meantime, Lotus continues to sell a small number of certain variants of the Elise and Exige for use exclusively on tracks. Related Video: Featured Gallery 2011 Lotus Elise News Source: Automotive News - sub. req.Image Credit: Lotus Lotus Performance

The UK votes for Brexit and it will impact automakers

It's the first morning after the United Kingdom voted for what's become known as Brexit – that is, to leave the European Union and its tariff-free internal market. Now begins a two-year process in which the UK will have to negotiate with the rest of the EU trading bloc, which is its largest export market, about many things. One of them may be tariffs, and that could severely impact any automaker that builds cars in the UK. This doesn't just mean companies that you think of as British, like Mini and Jaguar. Both of those automakers are owned by foreign companies, incidentally. Mini and Rolls-Royce are owned by BMW, Jaguar and Land Rover by Tata Motors of India, and Bentley by the VW Group. Many other automakers produce cars in the UK for sale within that country and also export to the EU. Tariffs could damage the profits of each of these companies, and perhaps cause them to shift manufacturing out of the UK, significantly damaging the country's resurgent manufacturing industry. Autonews Europe dug up some interesting numbers on that last point. Nissan, the country's second-largest auto producer, builds 475k or so cars in the UK but the vast majority are sent abroad. Toyota built 190k cars last year in Britain, of which 75 percent went to the EU and just 10 percent were sold in the country. Investors are skittish at the news. The value of the pound sterling has plummeted by 8 percent as of this writing, at one point yesterday reaching levels not seen since 1985. Shares at Tata Motors, which counts Jaguar and Land Rover as bright jewels in its portfolio, were off by nearly 12 percent according to Autonews Europe. So what happens next? No one's terribly sure, although the feeling seems to be that the jilted EU will impost tariffs of up to 10 percent on UK exports. It's likely that the UK will reciprocate, and thus it'll be more expensive to buy a European-made car in the UK. Both situations will likely negatively affect the country, as both production of new cars and sales to UK consumers will both fall. Evercore Automotive Research figures the combined damage will be roughly $9b in lost profits to automakers, and an as-of-yet unquantified impact on auto production jobs. Perhaps the EU's leaders in Brussels will be in a better mood in two years, and the process won't devolve into a trade war. In the immediate wake of the Brexit vote, though, the mood is grim, the EU leadership is angry, and investors are spooked.

Lotus Type 132 gets another teaser in before debut

Lotus has teased the Type 132 for what could be the final time before the battery-electric crossover debuts next Tuesday, March 29. Swinging for the fences with a special guest star that would help forestall the inevitable discord about Lotus making what will be a weighty crossover, Lotus enlisted Clive Chapman, son of company founder and legend Colin. Clive mentions Colin keeping a practical family car in addition to some variety of orthodox Lotus sports car, and says he thinks his father would have loved the chance to design something like the Type 132. Perhaps it's true. Yet, although Clive mentions practicality and towing and farming and a popular explosion of four-wheel-drive vehicles in the 1970s, Colin is never shown with one in the video. The best Colin does for practical is a Lotus Eclat, which everyone, even today, would likely accept as Lotus' version of a family car.  The video does offer one unquestionably honest bit, which is a silhouette of the Type 132. It's going to be sharp and racy, no doubt about that, and we like the look of it. Separate to the video, additional honest views of the Type 132 have been uncovered in another set of patent images. The Australian patent office let slip renderings of the CUV's exterior early this month, Spanish outlet Cochespias landed on images of the interior placed with a different patent office. They show some expected EV features like a flat floor and a two-level center tunnel with a floating console up top. They show us some expected luxury features like shapely and powered front sport seats, powered rear seats, and a full-width climate control vent design in front. They show some unexpected inclusions like a what appears to be a giant glove box door, and rear seat surfaces that could be a toss-up for comfort — but of the shut lines are accurate, those seats fold down in ways to make the most of the load bay. There's a large infotainment screen that allegedly lies flat on the instrument panel when not in use. And note what might be two cupholders on the center console, one of which might be tiny.  The slim extensions on the exterior views from earlier this month weren't just conceptual. The door panel in the interior renderings shows a blank square ahead of a speaker that should be a screen displaying the feed from the side camera. If anything, the only thing the drawings leave out is how long the vehicle appears to be, based on spy shots of the Type 132 testing in China last month.