DRB-Hicom

Lotus Secures its Future, But Five Car Plan Axed

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With rumors of a future for Lotus swirling, the company will live on as its new owner DRB-Hicom has signed off on a three-year plan to fund the British sports car maker. Continue Reading...

Lotus CEO Dany Bahar Suspended for ‘Misconduct’

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Rumors have been quick to swirl around Lotus and its CEO, Dany Bahar, this year including speculation that trouble with the company brewed beneath the surface. Those rumors were repeatedly dismissed, but now the word is out: Bahar has been temporarily suspended. Continue Reading...

Lotus Production Resumes At Full Pace

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British sports car firm Lotus has been battling with finances and trying to secure its future ever since its parent company Proton, which was Malaysian state owned, was sold to DRB-Hicom. Continue Reading...

Lotus Owner Seeks Chinese Buyer for Brand: British MP Says

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Lotus‘ Malaysian owner DRB-Hicom is seking a Chinese buyer for the brand as recently as last night, flying in the face of information included in the automaker’s much-publicized “rant” press release from April 12. Continue Reading...

Lotus May Be Sold To China’s Youngman

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When sports car company Lotus had announced the end of its title sponsorship of the Lotus F1 team, a red flag was raised as concerns over Group Lotus’ financial problems surfaced. Now, new reports reveal that the troubles facing the automaker are more than meets the eye. Earlier warning signs were brought to attention this year… Continue Reading...
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