Lotus Cars Ltd announced its official foray into China on Wednesday, seeing the huge potential from China’s surging super sports-car market.
The British sports-car maker has authorized Symphony Lotus Ltd as its importer and distributor around the nation with the launch of a new logo to avoid confusion with the local Youngman brand which already uses the “lotus” name (Lianhua in Chinese).
It will start first with an outlet in Beijing — expected to open in October — before moving into the cities of Shanghai, Chongqing and Guangzhou by the end of the year.
For several years now, the only real option for sports car lovers who wanted to go electric was the Tesla Roadster — a Lotus Elise-based EV with a top speed of over 200km/h and a range of nealr 400 km.
But this week, a British engineering company unveiled a new prototype which one day could present a real challenge, the Delta E-4 Coupé.
Boasting a carbon composite chassis, the two-door vehicle can reach 60 mph (97 km/h) in less than five seconds, thanks to its lightweight frame which weighs just 85 kg — the whole vehicle weighs an impressively low 975 kg.
Aston Martin on Friday announced its entry into India, one of the world’s fastest-growing automobile markets, with the launch of three models in the country.
The British luxury sports car maker joins Ferrari, Maserati, Bugatti and Lamborghini, whose vehicles are sold in India to a growing list of rich sports car enthusiasts.
“India represents a new opportunity for us,” said Michael van der Sande, chief commercial officer at Aston Martin.
The iconic carmaker will offer the V8 Vantage, priced at 15.5 million rupees ($348,341), the Rapide at 21.5 million rupees ($483,146) and the One-77 at 200 million rupees ($4.5 million), and will soon add more models, it said.
Fiat is considering a listing of sportscar maker Ferrari before getting a majority stake in U.S. maker Chrysler.
Fiat owns 20 percent of Chrysler and is planning to increase its holding to 35 percent once it meets restructuring goals.
Fiat SpA CEO Sergio Marchionne said that he has a price in mind if bankers are interested in pursuing his company’s flagship brand of Ferrari: 5 billion euros.
Chevrolet has released details of the 45th anniversary edition of its Camaro sports car, set to be unveiled at a Camaro fan event April 15.
The enhancements for the Camaro, the most popular sports car in the US, cover both performance and design and coincide with the birthday celebrations for the vehicle, first launched in 1966.
The 2012 Camaro will feature an improved version of the current model’s 3.6 liter V-6 engine, which adds an increase of 11 hp (8kW) to bring the total to 323 hp (241 kW).
The Fisker Karma electric sports car has entered production for the first time, it emerged this week.
The Karma, a plug-in vehicle expected to provide serious competition to the Tesla Roadster, has been on the drawing board for years but could finally be with the first buyers by next month, according to reports from US-based Automotive News.
Priced at around €85,000, the final version of this sleek model debuted at the Paris Motor Show in 2010 and attracted a lot of attention for its 480 km range, achieved using an extended range motor in the same manner as the Chevrolet Volt.
Toyota took another step towards a new sports model March 1 with the unveiling of the FT-86 II concept at the Geneva Motor Show.
The biggest hint yet of the styling expected from a new production sports model, the FT-86 II was described as a model that paid homage to Toyota’s previous sports cars of the past such as the 2000 GT of the 1960s.
The model features a long, low hood and rear-set cabin and measures 4,235 mm long and 1,270mm high.
Lamborghini is celebrating its 10 years of presence on the Singapore market with the unveiling of a new special edition Gallardo Singapore Limited Edition.
What sets this limited edition Gallardos apart from the regular Raging Bulls are the red stripes on the sides and a Merlion logo that’s labeled on the exterior of each car.
They will be available in two colors only (black and white) and in a limited run of just ten units worldwide.
Pagani has finally revealed its much rumoured and much anticipated successor to the Zonda: the Pagani Huayra., named after the Argentinean god of wind.
the new supercar is powered by an AMG-sourced 6.0-liter biturbo V12 engine with over 700 hp (522 kW / 710 PS) and 1000 Nm (737 Nm) of torque.
The top speed is claimed to be over 370 km/h (235mph) and 0-100 km/h is expected to take just 3.2sec.
German sports car manufacturer Porsche revealed today a new limited edition variant of its 911 model, dubbed Black Edition.
Available as a coupe or convertible, it features a unique appearance with a plain black exterior, black brake calipers, and 19-inch 911 Turbo II bi-color wheels.
Inside, the cabin is nicely equipped with partial leather seats, a sport steering wheel, aluminum look trim, a painted center console, and Black Edition door entry guards.
Porsche has given the strongest hint yet that it intends to pursue hybrid technology with the unveiling of a new concept at the North American International Auto Show.
The company, which is making a high-profile return to the Detroit show after a four year hiatus, launched the 918 RSR January 10, a motorsports version of the 918 Spyder hybrid concept car first shown in Geneva last year.
It features a V8 engine which contributes 563 hp, backed by an electric motor on each front wheel which add 150 kW of power to take the 918 RSR’s total up to 767 hp.
All of the 356 Porsche Speedsters planned for production already have owners, despite the fact that the model has just being launched at the 2010 Paris Show.
Even with the high price of EUR201,682 ($263,667), all the cars have been sold ahead of the original planned dealership launch in December this year.
French automaker Peugeot had just revealed a second special edition for the 2010 model year based on their latest RCZ sports car.
Dubbed Asphalt, it follows the RCZ Limited Edition that was launched in September 2009. This version will too be produced in a limited number of units.
The Peugeot RCZ features various styling updates, including a dark gray / black matte exterior paint finish.
Porsche is planning to create a hybrid version of every model it sells, the luxury automaker has confirmed.
In a further signal that sports car manufacturers are getting serious about reducing their emissions, Porsche’s Wolfgang Duerheimer told Automotive News that “in the future, we will have a hybrid drive in every model line.”
The automaker already produces a hybrid version of the Cayenne, its large SUV, and its new CEO Matthias Muller revealed at the Paris Motor Show that the company has produced a plug-in version of its Panamera sedan.
Italian hypercar manufacturer Pagani has released the first details and images of the new Pagani Zonda 750.
The Pagani Zonda 750 is based on the Zonda Cinque, but it comes with lots of custom parts, a special exterior paint, and back window. At .
The Pagani Zonda 750 price along with in depth details regarding performance will hopefully get released soon.
Ferrari announced Wednesday it had recalled all versions of its model 458 Italia sports car produced before July 2010 after four of them caught fire.
“Our dealers are going to call clients and tell them to bring back their cars so that the necessary modifications can be carried out,” a spokesman told AFP. The recall involves 1,248 vehicles worldwide, the official said.
Ferrari last week opened an enquiry after four of its vehicles caught fire spontaneously in California, China, France and Switzerland.
The fastest production car recently made its North American debut at the 60th Pebble Beach Concours dâ€™Elegance and Bugatti in a new blue midnight color.
Though the Bugatti Veyron 16.4 Super Sport is capable of reaching 431.072 km/h (267.856 mph), its speed has been electronically limited to 415 km/h (258 mph).
Bugatti says the consumer vehicle will have identical specs, but the limitation was necessary to protect the car’s tires.
A rare 1970s Porsche racecar just fetched $4 million at Bonhams’ sale in Monterey, setting a new world record for the most expensive Porsche ever sold at auction.
This stunning and historic open-top version of the legendary racer appeared and was immortalized in Steve McQueenâ€™s movie, Le Mans.
The 1970 Porsche 917 Interserie Spyder goes from 0-60 mph in 2.3 seconds and a top speed of over 240mph.
Police in Switzerland said on monday they had seized a Swedish motorist’s $240,000 sports car after he was caught doing 290 kph on a Swiss motorway.
The 37-year-old Swedish citizen was driving a black Mercedes-Benz AMG SLS, which carries a 570-horsepower engine.
With a speed limit of 120 kph (70 mph), the driver swept by a permanent speed trap but was spotted by local police.
This lightweight, 650-kilogram F1-inspired car is a new limited edition offering from Lotus.
The Lotus Exos Type 125 will be produced in a series of just 25 units, with some published reports suggesting a million euro pricetag.
The car is built using a carbon fiber monocoque chassis and uses a wide front wing and a narrow rear one (just like the 2009 season F1 cars).