Taking Lotus Tech public wasn’t the success story Geely may have hoped for. After two weeks, shares on the Nasdaq have plummeted by nearly 40%, from $13.80 at listing on February 23 to $8.37 at ...

Lotus has moved to cut some 550 jobs from its UK Headquarters in Hethel in a move the automaker describes as bringing the company’s business objectives “in line with the current market conditions”.

When it comes to the history of sports car racing, the 1960s and 1970s were arguably the golden era. Trans Am was still huge, mid-engine cars hit Formula 1, and Can-Am featured some of the greatest ...