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Lotus To Build Own V6 and V8 Engines

Lotus is doing a bit of rearranging in their kitchen now that plans for the Elan sports car have been placed on the backburner. Apparently, the British manufacturer is using the money that had been set aside for the Elan to develop their very own lineup of V6 and V8 engines. During an interview, Project Boss Dany Bahar said: “This is a big [financial] hit because it’s expensive to do 
an engine,” says Bahar. “But 
because the Elan is not happening now we have got capital expenditure headroom 
for engine development.” The first engine cooking is a V8 that will set up the competition for Ferrari’s V8 engine as seen in the 458 Italia. The new Lotus V8 will deliver between 550 – 570 HP and will undergo testing in July 2011. It will be dropped in the new Esprit […]