"The past four months have been really tough for us," admits Lotus CEO Dany Bahar to Autocar magazine. "We were working at a pace nobody had seen at Lotus for many years," Bahar continued, alluding to the British sports car maker's planned rollout of four models over five years that recently had recently hit the skids thanks to a 60-day financial freeze at Malaysian parent DRB-Hicom. "The shut-down, as I call it," Bahar continued, "was very hard for us," but the Lotus boss forcefully rejects media reports that his company is being shopped to potential buyers.

Production at Hethel is reportedly swinging back into action within the next few days now that DRB-Hicom has slid money across the table to re-start Elise, Exige and Evora production. Lotus will also reportedly continue to develop the new Esprit and its V8 engine and automated transmission. Bahar went on to dispute reports that KPMG was looking for a buyer to take on Lotus, though there are likely to be management shuffles and continuing developments between Lotus, DRB-Hicom, Youngman, and who know what other parties, as the re-start doesn't completely short-circuit the rumors of a possible sale.

In fact, resuming production could potentially even position Lotus more attractively for a potential suitor, rather than putting a shuttered, down-at-the-mouth boutique carmaker on the block.


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  • 52 Comments
      choicef
      • 2 Years Ago
      love these cars very unique a blast to drive ! wish them luck !
      chk8093
      • 2 Years Ago
      Lotus: Lots Of Trouble, Usually Serious
        Rodney
        • 2 Years Ago
        @chk8093
        Yeah, here today, gone tomorrow, back next week, with totally different parts.....
      chirowolf
      • 2 Years Ago
      I love Lotus and I am pulling for them. The Evora is a beautiful car. I love some of the post from people who never seen one in person, much less driven one. people say it is too big? Have you seen one next to the other exotics? It is very small in comparison. The Evora is a great mix of light and nimble with just enough size to make it a great daily driver. My Evora might not beat many of the other Exotics in a straight line, but add a few twisties and I will leave them in the dust. As Colin Chapman said "add lightness" and Lotus is still doing it right. now if I could get someone with enough money and passion to buy the company and put it back on top.
      • 2 Years Ago
      [blocked]
        cmcclarty
        • 2 Years Ago
        When O leaves the white house so will electric cars.
        breakfastburrito
        • 2 Years Ago
        There's a place for you, called "Autoblog Green". Please go back to your fanatical lonely place with no vroom.
        wrxfrk16
        • 2 Years Ago
        For one, they haven't had a V8 since the Esprit went away, and it started as a four-banger. The Elise and Evora are four and sixers respectively, and they're some of the lightest cars available. Their purpose is light weight, well balanced, manually gearboxed sports car; electric is the antithesis of all that.
      MacProMan
      • 2 Years Ago
      Sure, because I want a car from a company that is "scraping" by
        wrxfrk16
        • 2 Years Ago
        @MacProMan
        Lotus has been scraping by for decades, hasn't stopped them from building some of the greatest driver's cars.
      Go
      • 2 Years Ago
      [sarcasm] Oh, shocker, Dany Bahar driving Lotus into the ground. Who'da thunk? [/sarcasm] It's not like this was foreseeable. It was *foreseen*, by EVERYONE! I honestly wouldn't entrust that utter jacka** Bahar with the keys to a shoeshine stand. The howling of laughter from Ferrari (from where he came) was deafening when he was hired. So, uh, yeah, this sad development isn't exactly surprising...
      Boost Retard
      • 2 Years Ago
      When is Lotus going to fire Dany Bahar? I believe his attempt to position Lotus as a "lifestyle brand" is a failure.
        Go
        • 2 Years Ago
        @Boost Retard
        Amen. That guy is the single most unqualified CEO in the auto business by a mile.
      Human
      • 2 Years Ago
      Lotus makes small light sportscars for fanatics. That is their dna. Any attempt to take on other car makers or go big will fail. Also, what happened to the adorable elise body? It had the curves off a 1960's Cobra or ferrari. These angular psudo lambos are not Lotus, however nice they look. Just my opinion. I lusted for the Elise. These new angular, bigger cars, not so much...
        gtv4rudy
        • 2 Years Ago
        @Human
        Just saw an Evora on the road the other day on the freeway in red and it looked gorgeous. In my rear view mirror it looked like a race car coming at me on the Mulssane straight.
        jvshenderson
        • 2 Years Ago
        @Human
        "angular, bigger cars" --- Are you referring to the Evora and the new Elise body (the one that doesn't look like an alien insect) or are you referring to the concept Elise that really did look like a wanna be Lambo?
          penstate79
          • 2 Years Ago
          @jvshenderson
          Recalling the Porsche 356....didn't look like an alien insect, but quite a bit like a ladybug. The thing could run like a bat outa hell at autocrosses.
      Sparky5229
      • 2 Years Ago
      JUNK
      Jonathan
      • 2 Years Ago
      Lotus makes cars that are a bad mishmash of other car companies styling . I wish they could make an original styled car but their new Esprit looks like a rejected Lambo and their other models look like even cheaper and junkier models that are all cheap Lambo knockoffs . They can go broke with their current joke of a lineup . Sad but the old lotus models were so fresh and exciting . Not rejected copies of other cars .
      dytimmys
      • 2 Years Ago
      Now here is a car....With the way money is globally right now its a good time to bring it back..Oh not for folks like you and me...It's not made for us, but sell it before the Buffet Law goes into effect
      Rodney
      • 2 Years Ago
      Like all British Autos, upkeep is horrid. If you put $50K down, you better have another $50K for upkeep, and hope the wiring does not fry, or the wheel falls off, or a tune up costs a weeks vacation,or the sheet metal is too thin and rusts, or.......... Master Rod
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