Lotus Cars will advance its Vision80 strategy in 2021 with the launch of a new Type 131 sports car to replace its iconic Elise and a move into a new £100m manufacturing facility at its Hethel headquarters.
Independent classic car sales specialist the Classic & Sportscar Centre is planning to build a 30,000 square foot purpose-built vehicle restoration centre after securing a seven-figure funding package from HSBC UK.
James Bond’s favourite carmaker Aston Martin Lagonda last week recorded a £13m loss for the last quarter, pointing to tough trading conditions in the UK and Europe along with disappointing sales of its Vantage two-seater sports car.
Aston Martin launched its new Rapide E luxury electric vehicle (EV) at the Shanghai Motor Show as Lotus Cars announced that its first all-new production car for a decade would be an EV hypercar – the Type 130.
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