Lotus has put a halt to all development of future models. The news comes after the Malaysian government sold its controlling stake in Lotus parent company Proton. According to EVO, the company's takeover regulations require all involved parties to enter into a "lockdown" wherein anything outside of normal business is brought to a halt. For Lotus, that means stalling development for 60 days and pushing back launch dates for vehicles like the Exige S, Evora GTE and the upcoming Esprit successor. Lotus CEO Dany Bahar is currently engaged in talks with DRB-Hicom, Proton's new owner, in an attempt to ensure the industrial conglomerate holds onto the sports car maker.

Odds are we won't know what the future has in store for Lotus until after the due diligence period comes to a close. In the mean time, Lotus will continue to build and sell cars as well as engage motorsports efforts. It will also be the featured marque at the 2012 Goodwood Festival of Speed.


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  • 15 Comments
      throwback
      • 2 Years Ago
      Lotus is for sale? Quick, someone call VW, they'll buy anything.
        chirowolf
        • 2 Years Ago
        @throwback
        I God I hope not. Then Lotus would have to make something like the Bugatti Vayron Monstosity. Bring on the hate, but I just never warmed up to the Vayron. reminds me of a crouching pig.
          LynxFX
          • 2 Years Ago
          @chirowolf
          Yeah down with the Vayron. What a piece of crap. The Veyron is a technical marvel though.
          brenden
          • 2 Years Ago
          @chirowolf
          i hate the vayron too.
      chirowolf
      • 2 Years Ago
      Please save Lotus. There future line up looks sweet. Great history and tradition. I just purchased an Evora and is the best handling car I ever owned or driven, bar none. Like any hand built car there are some issues, but I think with the right ownder Lotus could be a great company again. Watch out Porsche. Lotus is coming for you . at least I hope they can do it. more competition makes for great cars.
        Big Rocket
        • 2 Years Ago
        @chirowolf
        @chirowolf: Can you please elaborate on the hand-built issues you alluded to? I would like to consider an entry-level Lotus, I don't mind the rock-hard suspension, but I'm scared by the potential reliability issues, especially from a hand-built British sports car.
          chirowolf
          • 2 Years Ago
          @Big Rocket
          Reliablity seem to be overall very good for the Evora. Most issues are with the fit of the interior and poor audio. Up through MY12 Lotus used a cheap off the shelf Alpine system for the Evora. some of the gaps of the interior panel are bigger than you would expect ( MY10 Evoras had some exterior body fit panel problems from what I have read) MY12 Evora have fixed much of the Launch editions problems. As far as "rock hard suspentions" My Evora rides much quieter and smoother than my Infiniti G35. I have been on a couple multi hour rides and the car is quite comfortable. There may be some other quirks, but that comes with almost all low volume cars. On the forums you see "TADTS" (they all do that sir) mentioned. sold my 370Z and will never go back. the Evora is awesome. I think you will see reliablity will be as good if not better that BMW, Merc or Jaguar. Many people track these cars and abuse them regularly, so that is where you will see some of the problems Good Luck
          Kip
          • 2 Years Ago
          @Big Rocket
          I've had no real problems with my Exige S after five years and 27K miles. A couple things to consider: - The drivetrain is a mass produced, Toyota drivetrain in cars that last for 150k+ miles. The engine's been worked over a little by Lotus and the supercharger is unique in the Lotus application, but the heart of the car has lots of time and yen behind it's R&D. - A "hand built British sports car" isn't what it used to be. I saw the Lotus assembly line at their open house in 2007. Major pieces are connected together by hand (e.g. wiring looms are run, brake systems are added, etc.), but assembly is much more modular than the Triumph heydays when the assembly area for lighting was a guy with a spool of wire and a crimper. In the "modern" Lotus plant, it's probably more accurate to say "hand assembled" versus "hand built". That being said, there's still room for human error which is why owners have found random bolts or occasional tools in hidden corners of their cars. - The car is quite easy to work on. If you can wrench a Dodge, you can wrench a Lotus.
          Big Rocket
          • 2 Years Ago
          @Big Rocket
          @chirowolf: Thanks for the feedback, always good to hear from owners' experience.
      lorenzo
      • 2 Years Ago
      Goodwood seems like a great place to entertain DRB-Hicom execs with ladies and booze. Funny how the Lotus site shows the upcoming models right on it's home page, thus reinforcing the fact that anything you buy now is obsolete already. Must be great for sales.
      gork
      • 2 Years Ago
      Toyota should buy out Lotus.
        chirowolf
        • 2 Years Ago
        @gork
        That my work. It is where they source all theirengines anyway. Unfortunately I think Toyota would ultimately ruin Lotus or worse just take there suspention tech and close the company. I kinda like the LFA, but you kan keep the rest of Toyota. Nothing inspiring comming from them IMHO.
          Johnny-wat
          • 2 Years Ago
          @chirowolf
          Have you seen what Proton does then? They're terrible, in every sense of the word. Their "sports car" is a 3 door hatchback, FWD, and makes 114HP out of a 1.6L engine. This same engine was earlier released WITHOUT variable cams, even though its name (CamPro) is meant to refer to the new technology (that didn't exist in the engine). Their newest and most exciting car is a 1.6L turbocharged minivan (although they'll never admit it, because Malaysians won't be caught dead in anything with the word "van" in it). But yet, Lotus soldiered on.
          Mohd Faiz
          • 2 Years Ago
          @chirowolf
          @Johnny-wat. If I were you, I would shut my mouth and read the honest facts. Just because proton has a 114 HP engine, doesn't mean that Lotus will implant the engine in it. rear the previous facts. Proton are collaborating Lotus with a small engine for their city-car. Other than that, Lotus will make their own engine, which is happening right now. Somehow the way you talk is like Tata owning Jaguar and Land Rover. Please dude, get your facts right. No one's best in everything. to proton, Campro, or whatever it is, is new to them, not to you. I, as a malaysian, live in a society where we build up ourselves. They maybe slow, but at least they're doing something, unlike your criticism.
      • 2 Years Ago
      [blocked]
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