2001 Lotus Esprit V8 on 2040-cars

Auto blog

Volvo-based, Chinese-built Lotus SUV allegedly due out in 2020

Lotus will set foot in the lucrative SUV segment before the end of 2020, according to a recent report. It's preparing to unveil a high-riding model named Lambda that will be made in China with Swedish parts. Five-plus years in the making, the first Lotus-badged SUV will share its SPA platform with several members of the Volvo range, including the XC90, and with the plug-in hybrid Polestar 1. Citing unverified reports from China, Holland-based AutoWeek reported the Lambda will land in the same segment as the Porsche Cayenne Coupe and upmarket variants of the BMW X6. Patent images (pictured) suggest it will wear a fastback-like roof line. Using the flexible SPA platform will allow Lotus to offer a variety of powertrains, including gasoline-burning four-cylinder engines with forced induction and at least one plug-in hybrid option. SPA wasn't designed to accommodate six- or eight-cylinders, so leveraging electrification will likely be the easiest way for engineers to unlock more performance. An electric variant will reportedly join the range a little bit later in the 2020s. Production will begin in Wuhan, China, in late 2020, according to the same source. Whether the model will be sold in the United States is up in the air. It would make a significant amount of sense: Americans have an insatiable appetite for SUVs, and the company has often stressed it wants to increase its sales in our market. Lotus hasn't commented on the report, and it has remained quiet about its long-rumored SUV. We heard a lot about the model from Jean-Marc Gales, its former CEO; he notably said it will be to the Cayenne what the Evora is to the 911, and he pledged it would become the fastest and most agile model in its segment. He's gone, replaced by Phil Popham in 2018, so that strategy might have changed. If the rumor is accurate, we won't have to wait long to see how Lotus can apply its design language and its unique engineering philosophy to an SUV. Related Video:

Lotus to move immediately forward with new variants rather than new models

It took 1.5 years, but a DRB-Hicom managing director told Malaysia's Business Times that the company has "cleaned up" the situation at Lotus from its finances to its marketing and image. The clean-up job we're most interested in, the product portfolio, will be demonstrated by financial investment in a three-year program of "variants based on existing products - variants with improved technology, improved performance."
You'll notice mention of the word "variants" three times but no mention of the phrase "new models." We knew that with the death of the five-new-model turnaround plan dreamed up by ex-Lotus CEO Dany Bahar DRB-Hicom said there'd only be three distinct lines - which is the current number - but during Lotus' trouble-plagued 2012 it sold just 80 cars all year, and for a tense spell it really wasn't clear if DRB-Hicom would commit to even keeping Lotus alive, much less investing in it.
It's not clear how much is being put into in the three-year program of offshoot models like the 345-horsepower Exige S Roadster (pictured), but it might be fair to say this is where Lotus' revival really begins, and does so with baby steps. Autocar reports that DRB-Hicom has already put 100 million pounds into the English carmaker, and as its issues were worked through Lotus has sold almost as many cars in the first five months of this year as it did all of last. That has not only convinced the Malaysian minders to throw more money its way, but the UK's business secretary has also approved a 10-million-pound investment into Lotus through the Regional Growth Facility program.

Miami real estate investor selling world's largest collection of Bond cars

In 2011 Miami real estate investor Michael Dezer bought dozens of cars used in the James Bond films from the Bond Museum in Keswick, England. Since then, he's added to the trove which now stands at 59 cars, as well as motorcycles, boats, jetskis, tanks and thousands of photos, posters and memorabilia. It is the largest collection of 007 cars in the world, and Dezer has put it up for sale for 20 million pounds ($33.25M US) - the caveat is that you have to buy the entire collection. But what a collection it is. Among the six Aston Martins are the DB5 from Goldeneye, the Vanquish from Die Another Day and both V8s from The Living Daylights. There is also the Lotus Esprit from The Spy Who Loved Me - not the Esprit submarine that Elon Musk bought last year at auction, but the pre-dive roadgoing car. The new owner of the collection will keep things up to date with the Audi A5 and the Land Rover Defender 110 from the opening scene of Skyfall, and properly varied with the dragon tank from Dr. No, the Fairey Huntress yacht in From Russia with Love, and the chopped-in-half Renault 11 from A View to a Kill. An agency in the UK is handling the sale. We will now leave you to handle the money transfer from your people in Liechtenstein. News Source: London Express via Driven Auto News Celebrities TV/Movies Aston Martin Lotus lotus esprit