12 Articles
1 / 1
15Lotus hiring 100 after securing £100m investment

Lotus is getting a shot in the arm courtesy of corporate parent DRB-Hicom, which has announced a 100-million pound ($152.3M USD at today's rates) investment in the Hethel, UK-based manufacturer. The troubled brand was also in the news last week, with DRB announcing a new, three-year plan that would see variants of existing models introduced.

12Former CEO Bahar files $10.6M suit against Lotus

File this one under "not surprising in the least." Fired Lotus CEO Dany Bahar is reportedly suing his former employers for some $10.6 million, claiming that the automaker and its Malaysian owner, DRB, broke the law when they dismissed him. According to a report by Bloomberg Businessweek, DRB and Lotus will defend themselves in court rather than settling, including filing a countersuit against the former top executive.

15Lotus model development on lockdown as company looks to change hands

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. L

13Lotus Evora GTE is a refined racer for the road

Lotus has been teasing a tuned-up Evora for a few months now, as rumors flew that the automaker was planning a hardcore version for the street. Finally, however, the rumors have all been confirmed as Lotus pulls back the wraps on the production Evora GTE Road Car. This is similar to the white and gray concept concept car we saw in Monterey, except the car now wears a matte yellow paint scheme, different wheels and a glossy carbon fiber lid.

13First U.S.-bound Lotus Evora S batch heads to U.K. port

A spokesperson for Lotus Cars USA has notified us that on Monday, the first Evora S allotment of press cars left its Hethel U.K. factory and headed to port in both the 2+0 and 2+2 seating arrangements.

28Report: Bob Lutz gives Lotus a 60% chance of success

If anyone knows about turning things around, it's Bob Lutz. After all, he was a naval aviator, and those guys can pull some serious G forces. He's also widely credited with keeping Chrysler alive for longer than it might have been otherwise. But what's he up to these days?

19Lotus Cars and Lotus F1 embroiled in naming rights dispute

Stick with us here, because this is going to get a little complicated. We have on the one hand Lotus Cars and Group Lotus. On the other we have the current Lotus F1 team. The former – producers of such sportscars as the Elise and the new Elite – is owned by Malaysian state automaker Proton. The former is also Malaysian-owned, but by businessman Tony Fernandes (pictured above, owner also of Air Asia), and uses the name Lotus under license from Proton.

21Hammond, May, Brosnan and Craig all in line for Lotus Evora

Click above to view high-res image gallery of the Lotus Evora

10Done deal! Lotus will build the Tesla Roadster in Hethel

Well, we knew that Lotus personnel had been working with the folks from Tesla Motors on their sexy electric roadster, and today we received a bit of interesting related news. According to a report on EDP24.com (the Norfolk Eastern Daily Press website), Group Lotus' involvement with the Tesla Roadster project is now very much official: the Roadster will be built by Lotus at its Hethel facility.

1 / 1