Lotus Group’s parent company DRB Hicom is predicting some lofty goals for the small sports car company, confident that by 2015 the brand will be selling between 4,000 and 5,000 units per year.
The British marque is deeply rooted in racing and building performance cars. Lately, it has become known that Lotus has been losing money for many years, so the company may not be around too much longer.
Lotus Racing just announced a series of first public debuts during the 2013 Autosport International Show in Birmingham, U.K.
Lotus is releasing a new package for its Evora called the ‘Sports Racer,’ which brings the sports car new styling inside and out, and new tech features.
In what is turning into a very bitter divorce between Lotus and ex-CEO Dany Bahar, the British automaker is firing back with a lawsuit of its own, claiming that Bahar spent company money on his extravagant personal lifestyle.
Italian seat manufacturer, Composite Worx, has decided to build an extreme project car to show off its product line. The Lotus Exige-based Extrema is powered by a 6.2-liter V8 LS9 engine found in the Chevrolet Corvette ZR1.
After rumors of the Esprit’s death were debunked, Lotus has charged ahead and according to inside sources, the brand’s newest sports car is all but ready to be built.
Lotus production will remain in Britain according to parent company DRB-HICOM’s Chief Operating Officer Aslam Farikullah.
Lotus just announced a price increase for its 2013 Evora and Evora S models, with the Evora starting at $66,800 and the Evora S priced from $77,100.
A new members only club for Lotus owners will be launched in December called ‘Lotus Official Club Italia’ and will feature a calendar of events and activities that celebrate the British automaker.
Lotus is recalling 80 of its 2011 supercharged Evora sport cars because an oil hose could rupture, increasing the risk of a fire.
Contrary to what we reported on AutoGuide earlier today, Lotus has informed us that the cancellation of Esprit production is simply a rumor.
After corporate takeovers and a sacked CEO, Lotus is on the rocks and is reportedly canceling production of the Esprit.
It’s been a tumultuous few months for British automaker Lotus. Ex-CEO Dany Bahar officially got the axe, and then swift changes were made by new owners DRB-Hicom.
It’s the time of year when automakers go on a wonderful vacation to Paris and show off the latest and greatest vehicles. The Paris Motor show is here, and there are quite a few vehicles that are slated to be revealed this year. Since the show comes around every-other year, some automakers use it as a…
Far from its conclusion, the saga between Lotus and former CEO Dany Bahar will soldier on now that the ex exec is suing for 6.7 million pounds ($10.6 million).
Clearly, Lotus wants to rid itself of anything that has to do with former-CEO Dany Bahar. The British automaker is now selling Bahar’s custom 2002 Esprit V8.
Last year at the Frankfurt Auto Show, Lotus showed off its Exige S model featuring a supercharged V6 powerplant with 345-hp and 295 lb-ft of torque. But it’s a new year, which means the British automaker has something else to show off.
With Dany Bahar ousted as CEO of Lotus, the British automaker has already announced to scale back the ambitious plans of its former CEO, while looking at a more reasonable product development plan.
Following Lotus CEO Dany Bahar’s termination, the brand is abandoning the plan he championed to bring six new sports cars to market using the company’s engines and transmissions.
For the 2013 model year, Lotus will be adding a six-speed automatic option to its Evora S model when it becomes available starting this October.
The Rolex Series’ GX class won’t kick off until 2013, but that won’t stop Lotus from entering its Evora GX in this year’s Grand-Am Rolex Series as a GT entry.
Europe’s largest automaker is considering of putting in a new bid for Malaysia’s Proton in order to tap into the growing southeast Asian market. But perhaps the more interesting story here is that Proton owns iconic British sports car maker Lotus, which could consequently put the Lotus brand under Volkswagen‘s already impressive umbrella of brands…
Two years removed from announcing its “new era“, British automaker Lotus has withdrawn from attending the 2012 Paris Auto Show. Twenty four months ago Lotus was the star of the show, unveiling an entire new future lineup of vehicles.
We might have some fancy cars over here in the USA, but there are quite a few vehicles overseas that we can’t help but think are desperately missing from our shores. More than a few are niche market models perfect for auto-enthusiasts, while others are more stylish or practical than what’s currently available in the…