Report: Lotus Names Ex-Ferrari Exec as New CEO

Lotus has just announced that a of October 1st, former Ferrari executive Dany Bahar will take over at the helm of Group Lotus plc. Bahar moves into the position after former Lotus CEO Mike Kimberly retired in July due to health reasons.

Read more
Report: Lotus CEO Mike Kimberley Retires

Lotus CEO Mike Kimberley has announced his retirement as the head of the U.K. based sports car maker due to medical reasons. The 70-year-0ld Kimberley has been suffering from severe back pain, underwent surgery in 2008 and has now been advised by his doctors to resign his position.

“Sadly, it is on doctor’s orders that I am stepping down but I will leave confident that Lotus is in great shape with a strong management team fully supported by our shareholder in Malaysia,” Kimberley said in a statement. “It’ll be very hard to leave knowing that there are such exciting times ahead but I’ll take with me many very happy memories. I want to extend my thanks to the company’s shareholder for their unfailing support, my management team and the wonderful staff both at Hethel and at our various operational locations throughout the world. Most of all I want to thank our Lotus customers and loyal fans worldwide for their support over the years.”

Kimberley started his career with Jaguar in 1953 and has since worked in the automotive industry for 56 years. He joined Lotus in 1969, leaving in 1992 to pursue other opportunities with companies like General Motors and Lamborghini, before returning to Lotus in 2006.

Since then Kimberley has over seen the production of the Evora, as well as the expansion of Lotus Engineering, a world renowned high-tech engineering firm.

Kimberley will officially retire on tomorrow, July 17th.

Official release after the jump:

Read more
U.S.-Spec Lotus Evora Details Leaked

While the new Lotus Evora has already launched in Europe, the official release of the car in the U.S. has yet to take place. Normally we wouldn’t have the full U.S. specifications until that time, but a three page tech sheet from Lotus has leaked out with all the juicy details.

And while so often the U.S. market gets the shaft when it comes to high performance cars, it appears as though Lotus won’t be watering down its new flagship when it makes its debut stateside.

The Evora will be powered by a Toyota V6 engine and output is rated at 276hp at 6400 rpm, while torque is 258 ft-lbs at 4700 rpm. The car will weight just over 3,000 lbs (3,047 to be exact) and thanks to a six-speed manual gearbox will be able to hit 60 mph in just 4.9 seconds. 100 mph will come in 12.3 seconds. There is no mention of an automatic transmission, but one is expected to be offered. A sports transmission with shorter gears is an option.

Lotus also gives braking distance figures for the Evora with its four-piston AP Racing calipers at each corner with front 13.8-inch rotors and rear 13.1-inch rotors. It will stop from 60 mph in 110 feet and from 100 mph in 290 feet.

The car will come straight from the factory with a staggered wheel fitment, with 18-inch rollers up front and 19-inch wheels in the rear. A set of forged rims, which weigh 7.1 lbs less (in total), will be available as an option.

As expected ,with the fuel-efficient Toyota engine, as well as the light-weight Lotus chassis, fuel-economy is impressive with 22.8 mpg in the city and 43.5 mpg on the highway for an average of 32.5 mpg.

See the full spec sheets after the jump:

[Source: LotusEnthusiast.net]

Read more
Lotus Plug-in Hybrid Coming

In an interview with the Financial Times, Lotus CEO Michael Kimberly said that Lotus is working on a Hybrid and that the vehicle could be ready as early as March. And March just so happens to be when the Geneva Auto Show is… and Lotus never passes up an opportunity to unveil something in Geneva.

Read more