Times have not been easy for Lotus lately, so when its name came up on a list of companies scheduled for a liquidation court, it seemed like the end could be near for the fabled British builder of lightweight sports cars. As it turns out, Lotus was on the Companies Court Winding Up list in the UK due to a contractual dispute with a supplier, and the High Court has since dismissed the case.

According to Autocar, Lotus and the supplier actually resolved their issue earlier in the year, but the process couldn't be stopped until seen by a judge. The report says that the case was initiated when Group Lotus failed to pay some of its debts, which is probably a fair indication that Lotus is far from out of the weeds in regards to its financial difficulties.


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  • 13 Comments
      Eccles
      • 1 Year Ago
      This Autocar report should never have been released. They've had to change the title and content of their initial report because it was complete bollocks. " which is probably a fair indication that Lotus is far from out of the weeds in regards to its financial difficulties. " - How on earth did you come up with this conclusion? This was an old dispute that had some paperwork that couldn't be finished due to the court system. How does mean that "Lotus is far from out of the weeds". Talk about shite journalism from you and Autocar.
        LynxFX
        • 1 Year Ago
        @Eccles
        Which makes this article even worse. It has already been sorted out by the time this article was published here. Stop perpetuating non-news.
        • 1 Year Ago
        @Eccles
        [blocked]
      Vinnie Quiroga
      • 1 Year Ago
      Lotus is one of the hottest cars out there and knows they are going bankrupt, I cannot believe that I guess they bad some bad business investments. They just could not pay much of their debt. I think that is the easy way out they should make it much more difficult for them.
      daddyo
      • 1 Year Ago
      if they use union workers then Obama will send them several billion $$$ to get out of bankruptcy
      stevendy1
      • 1 Year Ago
      for all you idiot union bashers--all car companies, world-wide are unionized,,EXCEPT for the foreign car plants in the U.S......FACT--look it up, genius"s
      johonole
      • 1 Year Ago
      too bad, cool car.
      • 1 Year Ago
      [blocked]
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