2012 Lotus Evora Ips 2+2 - Msrp $84,990.00 - 160 Miles - (yes 160 Miles) - Save! on 2040-cars

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New Lotus owners ditch ambitious five-year plan

This didn't take long. The new overlords at Lotus have reportedly scrapped the company's five-year plan. DRB-Hicom ditched the turnaround strategy, penned by ousted CEO Danny Bahar, because it believes the market viewed the plan as overly ambitious.
The new product plan will slim the number of new model lines from five to three, and Lotus will likely slash the number planned consultants in favor of relying more heavily on in-house talent. According to The Star, the move should help expedite product development and save cash at the same time.
Even so, nothing is written in stone as of yet. DRB-Hicom says the new plan will take up to a year to finalize. The company has dumped around $242 million into Lotus so far this year, and the struggling automaker may require another $121 million by 2013. Lotus all but stopped production earlier this year during a loan freeze, but the lights came back on in April. The company now produces around 44 vehicles per week.

Jay Leno checks out Ronin RS 211, a Lotus Elise transformed

You know a vehicle is going to be something special when you need a pair of goggles to drive it, and this highly customized Lotus lives up to that promise. The owner refers to his one-off as the Ronin RS 211, but underneath that barely there body are a few parts left from a 2005 Lotus Elise. Owner Frank Profera totaled his Elise when a Porsche rear-ended it, but he wasn't willing to give the sports car up. With a canvas to build from, Profera took inspiration from the Lotus 2-Eleven and Can-Am cars, and the Ronin resulted. Not content with just a svelte body, the powertrain received just as thorough an upgrade as the looks. The engine still displaces 1.8 liters but features improved internals. The piece de resistance, though, is the custom turbocharger setup that runs on a mix of pump gas and alcohol to put out a claimed 680 horsepower, which sounds great screaming through the California canyons. "Ronin" is a Japanese word for a master-less samurai, and with its featherlight weight, just a vestigial windshield and gobs of power, the RS 211 is a fantastic automotive symbol for the type of sword such a warrior might carry. Watch as Jay takes an extra long drive on the latest episode of Jay Leno's Garage.

Genii capitalizing on Lotus F1 tech with new sports car?

Detractors will tell you that there's little to be applied from Formula One racing to the cars we drive, but what about the cars most of us could only dream of driving? We're talking about supercars from the likes of Ferrari and McLaren - two hugely successful F1 racing teams that have successfully made the transition into building exotic sports cars for the road. And soon there may be one more.
That would be the Lotus F1 Team, which is rumored to be working on a sports car project of its own. Now we know what you might be thinking: Lotus already makes sports cars. Indeed they do, only the F1 team has nothing more to do with the automaker behind the Exige and Evora than the name they share. Today the team (formerly known as Toleman, Benetton and Renault) is owned by Genii Capital, whose chairman Gerald Lopez recently confirmed the rumors to Auto Motor und Sport: "We are going to develop a carbon chassis for a sports car that can be built in large quantities.... But this has nothing to do with Formula 1."
With little to nothing in the way of details available, the circulating rumors had tied the venture to on-again, off-again Italian auto marque De Tomaso. But our source at ATS (which recently bought the rights to the De Tomaso name following Gian Mario Rossignolo's aborted attempt to revive it) firmly denied the prospect of any such collaboration. Spokesmen for the Lotus F1 Team would not divulge any information; neither would the press office for parent company Genii Capital, leaving the door wide open to speculation once again.