Lotus Has a 60 Percent Chance at Success Says Bob Lutz

Lotus Has a 60 Percent Chance at Success Says Bob Lutz

You’d expect that with Bob Lutz signing on with Lotus as a consultant that he’d be endlessly spouting-off about the brand’s endless possibilities and bright future. Not so.

Instead, the always candid former head of General Motors is giving the British sports car maker’s plan for the future a 60 percent chance at success. That might sound skittish at first, but taking into account the ambitious plan to build five new models in the next five years and sell between 6,000 and 7,000 cars while competing directly with Ferrari and Porsche, Lutz might still be being optimistic.

Still, Lutz approves of the Lotus plan so far, commenting in an interview with AutoCar that the new plan has a better chance of survival than if they chose to stick to the same philosophy of ultra-niche market cars. And while a lot of cash is certainly being invested into the Lotus plan, it’s not being spent frivolously. “The engineering I’ve seen so far is very good, and they’re definitely going about it the right way,” he said. “The money they’re spending on each model is only a fraction of what we’d have spent at GM on similar projects.”

[Source: AutoCar]