New Lotus CEO Jean-Marc Gales says he’s “confident” he can make the money-losing brand profitable again by cutting jobs, adding dealers and boosting the sports car maker’s lineup.
New models coming “in the next two years” will continue to use Lotus’ bonded aluminum chassis, Gales told Automotive News Europe. The lightweight tub-shaped structure has been the foundation of the automaker’s agile cars since the first Elise was launched in 1996.
A year ago, the new Dutch supercar maker Vencer showed their pre-production Sarthe at the Salon Prive in London.
by Ben Klayman
General Motors said on Tuesday its Cadillac brand will open a headquarters in New York next year in a move to remake the luxury marque’s image and broaden its appeal outside North America.
The C-HR — a compact crossover concept — will be making its debut at the Paris Motor Show where it will give visitors a sense of where Toyota will be heading in terms of design for future models.
Volkswagen Group will launch a VW-badged luxury sedan designed solely for China next year to help boost its margins, said two people with knowledge of the plan. The move, however, could put VW brand in direct competition with its premium sibling, Audi.The car will be based on Audi’s A6, the country’s top-selling luxury sedan, the people said, declining to elaborate on the vehicle’s China-specific elements.
