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In 1989, Lotus, recovering from its near collapse in the wake of the DeLorean scandal, revived its age old Elan range of small sports cars with the M100, a nippy machine that provided among the most sure-footed handling available for a diminutive front-wheel drive roadster.

However, the launch of the M100 was one mired in exceptional bad timing, as within the same year, the Mazda MX-5 was released onto the global market, that flooded the streets of the world with cars that successfully resurrected the formula for lightweight but fun classic British roadsters, leaving the Lotus Elan M100 as a car completely left behind in the market and seldom remembered.

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References:
- AROnline (and their respective sources)
- Wikipedia (and its respective references)