As part of a major expansion plan that will see the Lotus brand leave behind its niche-market history and expand into a more mainstream automaker, Lotus is poised to sign-on two long-time industry execs: Bub Lutz and Tom Purves. Lutz needs no introduction, having worked in the auto industry most of his life, holding senior positions at Chrysler, BMW and Ford, not to mention most recently at General Motors. As for Purves, he is a recently retired BMW executive.
According to sources, Lutz has been in talks but no formal arrangement has been while, while Purves said he “would be happy” to get involved.
The move is just the latest for Lotus, which only recently hired on former Ferrari marketing boss Dany Bahar as CEO, while poaching a designer from Ferrari as well. Bahar has also brought on execs from both Porsche and Aston Martin.
In an email to Automotive News, Lotus commented that, “Our aim is to raise the Lotus brand equity back to its rightful place as it existed in the 1970s when it competed with the likes of Ferrari, Porsche or Aston Martin. Maintaining the unique Lotus DNA is crucial, but with more relevance, greater efficiency and even more sustainability than we have had in the past.”
Lotus has admitted, however, that it will look to focus more on producing technologically advanced, luxurious and upmarket sports cars at higher volumes, increasing worldwide sales from 2,500 cars to roughly 8,000 by 2015.
The first big glimpse at the future of Lotus will come at the Paris Auto Show this Fall when the British sports car maker is set to reveal an all new model, thought to be a modern version of the Esprit.
[Source: Automotive News]