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New Lotus owners ditch ambitious five-year plan

This didn't take long. The new overlords at Lotus have reportedly scrapped the company's five-year plan. DRB-Hicom ditched the turnaround strategy, penned by ousted CEO Danny Bahar, because it believes the market viewed the plan as overly ambitious.
The new product plan will slim the number of new model lines from five to three, and Lotus will likely slash the number planned consultants in favor of relying more heavily on in-house talent. According to The Star, the move should help expedite product development and save cash at the same time.
Even so, nothing is written in stone as of yet. DRB-Hicom says the new plan will take up to a year to finalize. The company has dumped around $242 million into Lotus so far this year, and the struggling automaker may require another $121 million by 2013. Lotus all but stopped production earlier this year during a loan freeze, but the lights came back on in April. The company now produces around 44 vehicles per week.

Kimi Raikkonen to miss rest of season for back surgery

Formula One drivers keep themselves in peak physical condition, such are the demands placed on them in order to do what they do. But otherworldly as their capabilities may be, they're still human, and that means they get injured or sick just like the rest of us.
Case in point: Kimi Raikkonen and the announcement made today by Lotus that he'll have to sit out the rest of the season in order to undergo back surgery. That means Lotus will have to find a replacement driver for the last two races in Austin and Brazil while Kimi has and recovers from the operation.
Though we wouldn't debate the legitimacy of Kimi's condition or the necessity to rectify it, the timing is sure to raise some eyebrows. Raikkonen has been at the center of a pay dispute with Lotus, and while the situation was reportedly resolved, his decision to undergo what is said to be elective surgery at this point in the season (as opposed to waiting until its end) raises some questions as to his commitment to the team he is leaving and his team's financial commitments to him in turn.

Lotus C-01 motorcycle shows its carbon-fiber face

Well, this isn't exactly what we were expecting. The images you see above come from Motorcycle News in the UK and are apparently official renderings of what the upcoming Lotus C-01 motorcycle will look like. As you can see, it's sort of a power cruiser, with a raked-out front end and extremely wide rubber out back.
Power will reportedly come from a liquid-cooled V-twin engine sourced from KTM, similar to the one used in the Austrian's brand's own RC8R, but tuned to produce around 200 horsepower. It appears that the powertrain and all its related necessities will be housed in a carbon fiber monocoque (whether the bodywork serves as a stressed member or not, we can't say) in a traditional-looking black (really, exposed carbon fiber weave) and yellow color scheme.
From the looks of these renderings, the C-01 might be intended as a competitor for the Ducati Diavel and ought to be very quick in a straight line. We're not so sure that's what a motorcycle wearing the Lotus badge should be, even if its builders are only using the marque's name under license, but we're looking forward to seeing the final result in production trim.