2008 Lotus Exige S240 Starlight Black Metallic on 2040-cars

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Lotus and Proton might be sold to Peugeot-Citroen after Geely bails

Despite some strong initial interest, Chinese automaker Geely changed its mind about purchasing a controlling stake in Proton, parent company of Lotus Cars. This leaves Groupe PSA, owner of Peugeot, Citroen, and now Opel, as the sole remaining interested party. This is mixed news for Proton, as Geely's hands-off, cash-flush approach may have helped Lotus. On the other hand, it isn't like Groupe PSA is bordering on bankruptcy. According to Malaysian automotive news site Paultan.org, the reasons behind Geely's change of heart are unclear. In fact, it may seem that the indecision about the deal may have been coming more from Proton, not Geely. Reports say that Proton's parent company, Malaysian manufacturer DRB-Hicom, was uneasy about the potential partnership. DRB-Hicom assembles cars for a number of automakers, including Honda, Isuzu, and Suzuki. A deal with Groupe PSA would give the French automaker access to both DRB-Hicom's facilities and an expanded foothold in Southeast Asia. As only one contender remains, look for news of the deal going one way or another in the next few months. Related Video: News Source: Paultan Lotus Citroen Peugeot Geely groupe psa

Lotus C-01 motorcycle rumored to get 200-hp V-twin engine

Back in June, Lotus announced it was getting into the motorcycle business. Or, we should say, Kodewa and the Holzer Group are getting into the motorcycle business, and have acquired the rights to use the Lotus name. One way or another, we're now receiving word on some of the specs we can expect from the prototype dubbed C-01.
The Lotus motorcycle is being designed by Daniel Simon, the automotive futurist who has penned, among other things, the light-cycles for Tron: Legacy and the livery on the LMP2 racer Kodewa also fields under the Lotus name. So you know it's going to look pretty awesome, but what will make it go?
According to Visor Down, the C-01 is being tested with a V-twin engine sourced from an undisclosed supplier that produces 170 horsepower in stock trim but has been tuned to produce nearly 200 hp in Lotus trim. A pair of prototypes - one with carbon-fiber bodywork and one without - have already undergone several thousand kilometers of testing, and are said to be handling "very well."

A restored Lotus Esprit adds lightness on Petrolicious

Spencer Canon believes the Lotus Esprit is a misunderstood sports car. The wedge-shaped exotics' reputation suggests they are incredibly temperamental, which means lots of expensive repairs. Canon sought to make sure his Lotus didn't suffer from such maladies, which was achieved thanks to a rebuild from a bare shell. The result of his hard work exudes 1980s style with some modern flair and even inspires Canon's career creating bicycles. The Lotus was a wreck when Canon bought it, and he spent months just stripping off the old paint. The car's condition prevented a complete restoration to original spec, so Canon decided to improve the coupe. He modified it in simple ways, such as replacing the power windows with simple pull straps. He also took inspiration from the color scheme on his company's bikes and painted the Lotus blue with a lighter stripe diagonally along the side. The completed sports car angers some purists for not being entirely authentic, but it's hard to argue with the results. Plus, Canon's happy, and nothing else really matters. Canon's Lotus has a rousing exhaust burble once he gets out of the city and out onto the open road. Take a ride with him in the latest video from Petrolicious to hear it yourself and to get a better understanding about the Esprit. Related Video: