Lotus axes CEO Dany Bahar

Lotus axe CEO Dany Bahar

After being suspended last month – and amid an investigation into a severe misuse of corporate funds – Lotus CEO Dany Bahar has been fired from the company effectively immediately.

In an official release from Group Lotus plc, the British sports and racing car manufacturer announced that the decision of the board to fire Bahar was concluded and based off of the recommendation by parent company DRB-Hicom’s ongoing investigation into misconduct on the part of Bahar.

As a result of Bahar’s termination from the company, Lotus has now appointed 51-year old Aslam Farikullah as Chief Operating Officer. Farikullah is said to have over 26 years of experience, most of it in the automotive industry, according to a statement issued by Lotus.

Lotus has yet to reveal details regarding the Bahar scandal, why exactly he was terminated, and whether or not the company would seek any sort of legal action. But unconfirmed reports hint at Bahar using company funds to refurbish several of his homes.

It is unclear what affect, if any, the sacking of Bahar will have on Lotus as a whole. And in an attempt to alleviate any growing concerns during this very unfortunate incident, Dato’ Sri Haji Mohd Khamil Jamil, Managing Director of DRB-HICOM Berhad and also Chairman of Lotus said: “I would like to assure you that we remain committed to ensure the ongoing and future business operations of the Lotus Group… and its employees as well as contribute to the growth of the British automotive industry.”

Cars

How General Motors is preparing for an electric, autonomous, connected future

How does an established automaker like General Motors adapt to new tech trends? By looking for people and solutions outside the mainstream, says Ken Kelzer, GM VP of global vehicle components and subsystems.
Cars

‘Bloodhound’ rocket car needs a speedy cash injection to survive

The rocket-powered Bloodhound car has driven into difficulties, with the company behind the project needing a multi-million-dollar cash injection to save its dream of attempting a 1,000 mph land speed record.
Movies & TV

The best shows on Netflix in October, from 'Mindhunter’ to ‘The Good Place’

Looking for a new show to binge? Lucky for you, we've curated a list of the best shows on Netflix, whether you're a fan of outlandish anime, dramatic period pieces, or shows that leave you questioning what lies beyond.
Cars

The saga continues: Faraday Future sets a court date with its main investor

Faraday Future looked better than ever when it announced a $2 billion investment from a Hong Kong-based firm. The relationship hasn't gone as planned and the company is now suing its main investor over late payments.
Cars

Watch this driverless Range Rover tackle one of U.K.’s ‘most challenging roads’

Jaguar Land Rover just sent its autonomous Range Rover Sport vehicle onto one of the U.K.'s "most challenging road layouts," and the automaker has posted a video online showing exactly how it fared.
Cars

A public/private autonomous driving institute blooms under the Arizona sun

Arizona Governor Doug Ducey announced the Institute for Automated Mobility (IAM), partnering government, academic, and private organizations to develop self-driving tech and safety standards. Intel is the first private-sector member.
Product Review

The 2019 Volvo V60 proves it's still cool to drive a station wagon

With the 2019 V60, Volvo argues the station wagon segment isn't as moribund as most other automakers say it is. The company goes as far as arguing we're on the cusp of a wagon revival, and the V60 is poised to lead the charge.
Cars

Ford imagines a future without traffic lights or stop signs

Ford is using vehicle-to-vehicle communication (V2V) tech to allow cars to pass through intersections without stopping. The experimental "Intersection Priority Management" system basically acts as air traffic control for cars.
Cars

The supersized BMW X7 is coming with a grille you can park a 2 Series on

BMW will soon expand its lineup with a new range-topping SUV named the X7. The first-ever BMW X7 is shaping up to be the 7 Series of the SUV world in terms of size, price, and image.
Cars

Can't see all of a sudden? Our quick guide on defogging your car windows

Did you suddenly lose exterior visibility while driving because of foggy windows? Don't panic! Here's our quick guide on defogging your car windows in a safe manner while on the go, and a few steps on how to prevent them.
Product Review

Volvo’s redesigned 2019 S60 sedan is the best kind of remix

The 2019 Volvo S60 borrows almost everything from other recent Volvo models, but that’s not a problem. From its infotainment system to an available plug-in hybrid powertrain, the S60 takes the best bits from a lineup of great cars.
Cars

Carbuying can be exhausting: Here are the best used car websites to make it easier

Shopping for a used car isn't easy, especially when the salesman is looking to make a quick sale. Thankfully, there are plenty of sites aimed at the prospective buyer, whether you're looking for a sedan or a newfangled hybrid.
Cars

Are European-style self-dimming and glare-free headlights coming to the U.S.?

The National Highway Traffic Safety Administration (NHTSA) proposes to allow adaptive LED headlights on vehicles sold in the U.S. Adaptive LEDs automatically lower headlight intensity when they detect pedestrians or oncoming vehicles.
Emerging Tech

Awesome Tech You Can’t Buy Yet: DIY smartphones and zip-on bike tires

Check out our roundup of the best new crowdfunding projects and product announcements that hit the web this week. You may not be able to buy this stuff yet, but it sure is fun to gawk!