Lotus is one of those brands that every auto enthusiast loved to lionize, despite (or possibly because of) the fact that it hasn’t made a profit for its owner, Proton, in 15 years. But now things are changing. Lotus itself is in the midst of a makeover, seeking to transition from niche sports- and track-car company to a Ferrari and Porsche-rivaling aspirational brand. Meanwhile, back in Malaysia, its owner, Proton, is undergoing a few changes itself. Having been founded as a state-backed business, Proton may soon be privatized, reports Bloomberg. And as a result, Protons private investors could push for a quick divestment of the firm’s Lotus holdings. One such investor, Gan Eng Peng of HwangDBS Investment Management, tells Bloomberg
It will make sense for them to sell it. Proton and Lotus are not a good fit. They are in different market segments, both in terms of geography and product.
Need an engineering project? Got 1,200 hours to kill with nothing to do? Take a tip from this heroically patient Spaniard, and hand-machine your own tiny (12 cc displacement) V12. This would be amazing feat of handwork even if it weren’t fully operational (using compressed air injection), but the fact that it works, runs and was made without a single CNC machine is nothing short of astounding.. If, as the book suggests, Shop Class is Soulcraft, this guy is like an engineering bodhisattva, inspiring us with his precision, patience and skill. In a world where not much is made by hand anymore, this achievement is worth taking a few minutes to marvel over… [Hat Tip: Dean Huston]
To be clear, we aren’t talking about the next brand to linger on long past its kill-by date, pitting the brand loyalty of its fans against common sense for an agonizing eternity. No, now that Saab is dead and its warranty coverage has been suspended [per Automotive News [sub]], Saabophiles need an alternative. TTAC commenter Pig_Iron writes:
Now that SAAB is gone, who is the new SAAB? By that I mean, who makes the best winter handling front driver in coupe, sedan and wagon avail with man trans?
My answer: Buick’s Regal. It’s a rebadged Opel, available in several states of turbo tune, it’s got a distinctively European feel inside (firm seats, dark cockpit), and a fine-handling front-drive chassis. What more could you want from a Saab? On the other hand, what Saabista is going to buy from GM now that The General has cruelly slain mercifully euthanized their beloved brand [PDF on the definitive causes of death here]? So, if GM is out… possibly some kind of Volvo? An Audi? What say you, Best And Brightest?
TTAC has long been bearish on the Scion brand, and in a lot of ways, Toyota’s global tri-branding strategy with its new “86” sportscar (Toyota, Subaru and Scion versions are being sold) highlights how Toyota has lost its branding focus. On the other hand, the FR-S, Scion’s version of the 86, is by far the most compelling product that brand has offered… well, possibly ever (OK, since the Mk1 xB). If I were king of Toyota, I’d probably still kill off Scion and sell the 86 as a Celica in the US… after all, how much sense does it make to have two sporty coupes at Scion and none for the Toyota brand? But if Scion follows the FR-S up with a new truly compact pickup co-developed with Daihatsu, as has been rumored, I’d be willing to concede that Scion has a place in the market. After all, truly unique, funky vehicles justified Scion’s existence in the first place, before a watered-down second generation of products killed that positioning (and Scion’s sales). With the FR-S, Scion seems to be heading back towards focused and freaky niche confections… let’s hope it continues to return to those roots.
With engine management technologies creating ever-more refined, well-behaved engines, the snap-crackle-pop overrun at the beginning of this video is an increasingly rare throwback to the time when men were men and engines could blow up at any second. Sure, such playfulness will probably be managed out of existence by the time the F30 M3 hits dealerships, but it seems like a good omen for the M3’s return to six-cylinder power. In fact, it might even be possible that the backfire heard here has something to do with the electric turbocharger that’s rumored to give the new M3 lag-free turbo performance… but then you’d probably be a better judge of that than I.
Last Monday, we regaled you out with stories of Toyota coming to grips with the “new peak oil,” and other topics related to the growing gap (or lack thereof?) between global production and consumption oil. This week I’m feeling a little less apocalyptic, and little bit more indulgent. And really, why not celebrate those precious hydrocarbons while they’re still cheap and plentiful? This Mercedes SLS AMG Black Series may burn ’em by the bushel, but it sure sounds good doing it. And though cars like the forthcoming 650 HP Shelby Mustang GT500 prove that performance is still alive in the 21st Century, high-revving, large-displacement, naturally-aspirated V8s like the AMG Black’s are going to be facing special challenges under future emissions standards. Which makes its gargling, chortling music all the sweeter to my ears…
The Mastretta MXT is not very well-known outside of Top Gear buffs who recall Jeremy Clarkson giving the MXT an incredibly hard time for its Mexican heritage. Of course we all know Jeremy is a shock jock more than a motor head these days, so his opinion aside the MXT slots in right behind the Doking as one the more interesting cars on display in Los Angeles. The MXT is the first sports car designed and built-in Mexico, but rather than trying to dethrone Corvette or Mustang, Mastretta is going for the niche market of small, light kit cars. Yes, kit cars. At least north of the border…
Fiat’s 500 may be flopping early in the game, but then, what do you expect from a car with barely 100 horsepower? Though I’m sure the Cinquecento is better with a stick shift, my brief time in an autobox version left me feeling that Fiat’s italophile morsel could use considerably more brio. Well, consider the problem solved, as the 160 HP Abarth version has finally been shown in US-market spec, and sales should start sometime early next year. And based on European reactions to the Abarth, it should be a little firecracker. So, enthusiasm solved… now Fiat just needs to do something about its high prices, uninspiring fuel economy and wretched marketing. Then everything will be just fine… although I still wouldn’t hold my breath for 50k units per year.
Say what you want about Saab fans, the guys have some dedication. At a time when most have finally accepted the fact that Saab is at the end of the line, Saab’s hard-core “dead-enders” are taking up their social media arms to rescue their beloved brand. After all they have a perfect opportunity: after months of wading through a quagmire, uncertain whether to support Victor Muller, Vladimir Antonov, or one of Saab’s Chinese suitors, all Saab fans can now rally against their old enemy, GM. Long blamed for Saab’s decline despite the fact that the brand’s peak sales came under its ownership, GM has long been the bête noire for Saabistas. And with GM now taking the wheel of Saab’s fate, Saab’s rabid fans have taken over GM’s Facebook wall, posting images of their favorite Saabs and demanding The General “let Saab go.” Will it be enough to convince GM to go against its carefully-crafted Chinese relationships and interests by giving Saab carte blanche to ship its technology wherever its new Chinese masters want? Don’t count on it. But for the moment GM has to sit through the online equivalent of an “Occupy” protest.
Americans may no longer be as completely obsessed with road travel as they once were, but for first-time visitors to the USA, a round-the-nation roadtrip is always the ultimate fantasy. And really, what better way is there to appreciate the great expanse and diversity of this great nation than by car? Luckily for those of us without the time, money or reliable transportation to discover America by highway, we can now get a taste of the magic in an internet-attention-span-friendly morsel: five minutes, fifteen seconds. Someone named Bryan DeFrees condensed a 12,225 mile-long road trip in a giant loop across the US into this film, making one of life’s epic adventures available from your desk or smartphone. Warning: Video may cause sudden desire to “hit the road”…