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Seow Yaohan | April 27, 2011
Caterham Cars has been bought over by Tony Fernandes, the owner of Airasia and Team Lotus, who confirmed the purchase in an exclusive interview with Autocar UK. The changing of ownership from current owner venture capitalist Corven group to Fernandes will not ...
Seow Yaohan | January 26, 2011
Proton-owned Group Lotus has fought back, insisting that the press release issued by Lotus Racing/Team Lotus had attempted to skew the facts, creating a “misrepresentation of the Judge's decision”. Lotus says that the presiding High Court Justice Peter Smith did ...
Seow Yaohan | January 25, 2011
Lotus Racing/Team Lotus has won the summary judgment hearing against Group Lotus at the British courts, allowing the use of the Team Lotus name for the upcoming 2011 F1 season. The presiding High Court Justice Peter Smith dismissed with arguments from either side, and ...
Seow Yaohan | September 29, 2010
The spat between Proton and Tony Fernandes' 1 Malaysia Racing Team is quickly turning bitter, with the battle for the Lotus name set for a British High Court date. With Proton and Group Lotus laying claim to all rights regarding the Lotus brand which ...
Seow Yaohan | September 28, 2010
Proton, the owner of Group Lotus, has announced its intentions to revoke the Lotus brand licensing and withdraw sponsorship of Tony Fernandes' Lotus Racing F1 team for the 2011 F1 season. The shocking move comes in retaliation to Fernandes' decision ...
More photos of the Proton concept have been released by Italdesign Giugiaro, days before its official debut at the Geneva Motor Show. And it turns out that there are three body styles: three-door and five-door hatchbacks as well as a mini-SUV.
The ...
This is the first photo of the Proton hybrid concept car that will debut on March 2 at the Geneva Motor Show. Developed in a creative collaboration with Italdesign Giugiaro, an Italian automotive design firm that penned Maserati Quattroporte and Proton Persona among many ...
Seow Yaohan | January 29, 2010
Ferrari has officially unveiled its F1 car for the 2010 season—the F10, which happens to be the first F1 car introduced for the season. Despite the fact that Ferrari won only one race in 2009 and finished fourth in the constructors' ...
Seow Yaohan | January 27, 2010
Spyker has pulled off the last-minute deal, successfully buying Saab from General Motors for USD 74 million (RM 254 million) in cash and USD 326 million (RM 1.12 billion) in preferred shares. The deal is, however, subject to the approval of ...
Seow Yaohan | January 19, 2010
The January 7 deadline has passed. Spyker's last-ditch bid for Saab is still on the table, yet to be rejected or accepted by General Motors. But major developments have taken place: GM has hired a company, AlixPartners, to oversee Saab's gradual wind-down, which could ...
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