2019 Lexus UX priced $33,025 to start

Lexus’ new entry-level crossover has a price. The Japanese luxury brand announced Wednesday the 2019 UX crossover will start at $33,025, which includes a $1,025 destination fee. The base price will net a UX200 with a 168-horsepoewr 2.0-liter inline-4 under the hood. Power is sent via a continuously variable transmission (CVT) to the front wheels…

Lotus appoints new CEO of sports cars

Former Jaguar-Land Rover executive Phil Popham has joined British sports car maker Lotus. Lotus company announced Thursday that Phil Popham will join the company as Senior Vice President of Commercial Operations for Group Lotus and CEO of Lotus Sports Cars. Popham will report directly to Lotus Group CEO Feng Qingfeng, who took over the top …

Former F1 team owner aims to develop flying taxis within four years

The idea of the flying taxi is the fever dream of rich entrepreneurs looking to be “first.” The latest rich entrepreneur interested in developing the “Jetsons”-like form of transportation? Former Manor Marussia F1 team owner Stephen Fitzpatrick. Fitzpatrick founded Ovo Energy to challenge the British electric utilities in 2009. In 2015, he became…