Lotus to build its own V6 and V8 engines, possibly 4-cylinders, too

Last month, we told you that Lotus had decided to postpone the launch of the Elan to focus on the Evora and its variants. Well, the seemingly-bad news just turned into a promising initiative as the U.K.-based automaker plans to use funds from the Elan's development to build its own range of V6 and V8 engines.