Due partly to less than stellar sales in the US, Lotus Cars is cutting around 200 jobs. However, they’ll be introducing three new models in the next three years, so hopefully this is just a minor setup for the citizens of Hethel!
The upcoming three models are the new Esprit coupe, a 2+2 arriving in December of 2009; a vague Lotus/Proton high performance model set to launch in May of 2008, and a new mid range Lotus, due in December 2008.
You can read more about both these stories via the links above!

Quaife is offering all sorts of transmission options for the Toyota-powered Elises, such as close ratio gear sets, different final drive ratios, and of course limited slip differentials. They’re also working on a sequential gearbox! Read more about it
The 1K Project is a cool digitally created video, using the custom track configurator from the game Trackmania to render 1,000 sports cars racing through a stunt-filled setting. Pretty impressive worth, and worth checking out. You can view it over at 