Last Friday, Lotus Cars Limited signed an agreement for facilities amounting to £270 million extended by a syndicate of six financial institutions in Malaysia. The agreement was signed by Group Lotus Chief Executive Officer Dany Bahar which held at the Proton Centre of Excellence in Shah Alam, Selangor, Malaysia.   The six financial institutions acting as lenders are CIMB Bank, ...

Toyota Motor Corp. announced to maintain limited output at half capacity in Japan from May 10 to June 3 in the course of a supply crunch following the magnitude 9.0-earthquake and tsunami on March 11 at north-eastern Japan.   The world’s No. 1 automaker said it still remained unclear when the company would return to full production in Japan. Toyota spokeswoman ...

According to the forum thread at Teamspeed who claims to have a leaked price list of the new Porsche 911 GT3 RS 4.0 Limited Edition. Porsche shall be announcing of this model within the next couple of weeks time if the rumour is true.   The new GT3 RS 4.0 flat-six engine packed with 500bhp with a 200cc increase and ...

Here is the new face’ of Toyota’s luxury brand. The new Lexus LF-Gh concept has turned more aggressively styled and it will makes its global debut at next week’s at 2011 New York International Auto Show.   It is a bolder design language for its future models, as well as previewing the next-generation GS sedan. Lexus says the large spindle-shaped ...

  Although, Toyota had announced on end of last week that production will resume in Japan at half of its capacity. In the other hand, Toyota Motor Corp. said yesterday that it will suspend production in Europe for 8 days due to parts shortages following last month’s massive earthquake and tsunami in Japan.   The move underscored how the supply ...

Volvo Malaysia just launched it’s new flagship model – the new Volvo S60 . The all-new Volvo S60 was given the theme of Naughty for it’s marketing campaign to emphasize on it’s driving dynamic and the sporty elements of the new generation of Volvo S60. Available in 2 variant here in Malaysia, the fully imported Volvo S60 are here with 3.0L T6 All Wheel Drive variant and 2.0L ...

It seems that the Mercedes Grand Prix team has made a practice of offering a Formula One TV Commercial ahead of every F1 race.   Mercedes-Benz has released a new funny episode showcasing the Nico Rosberg and Michael Schumacher rivalry called Decision. This TV Commercial is posted ahead of the Malaysian GP.     On the second video which named ...

  The Associated Press is reporting that Toyota will resume car production at all its plants in Japan at half capacity from April 18 to 27. The move follows the March earthquake and tsunami that forced it to halt manufacturing due to shortages of parts and power.   Toyota, the world’s No. 1 automaker, said production at its 18 plants ...