View Full Version : Lotus Secures Future, 5 Car Plan Axed



AutoGuide.com
07-20-2013, 01:36 PM
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With rumors of a future for Lotus (http://www.autoguide.com/new-cars/lotus/index.html) swirling, the company will live on as its new owner DRB-Hicom has signed off on a three-year plan to fund the British sports car maker.

Though details werenít disclosed on how much DRB-Hicom will be investing into the brand, it has been confirmed that it has spent over $152 million to keep Lotus alive. During that time, however, the automaker sold enough vehicles to warrant further investing, especially now that everything involved with the buyout from Proton has been completed.

SEE ALSO: Lotus Exige S Roadster to Drop its Top this Summer

As for future plans, Lotus will begin by offering new variants based on existing products but sporting improved technology, performance, quality and most importantly, cost. The Lotus Exige S Roadster was the first of these variants, and more will be coming from the Evora and Elise.

Up to the end of May, Lotus had sold 70 vehicles, compared to 80 in 2012. Production will now be increased to 40 units per month with about 85 percent of them being exported.

Lastly, DRB-Hicom confirmed that Dany Baharís ambitious plan of five models in five years has been axed for something more practical. The Esprit project however, since it was much further along than the other vehicles, could be revived under DRB-Hicom.

Read the complete story on the future of Lotus (http://www.autoguide.com/auto-news/2013/07/lotus-secures-its-future-but-five-car-plan-axed.html) at AutoGuide.com

RWD Madness
07-22-2013, 04:53 PM
I was really looking forward to those 5 vehicles.

Kyivk
07-22-2013, 06:48 PM
I was really looking forward to those 5 vehicles.?
So in stead you got a Jeep
LOL

KingNikan
07-23-2013, 01:45 AM
I was hoping they would make the Elite.

A 600+hp V8 powered hybrid 2+2 for under 200k? Yes please! Especially with that styling.

plastique999
07-23-2013, 06:16 AM
They still may make the new Espirit...

Plackslayer
07-23-2013, 10:48 PM
I'm on the list for the new Esprit if/when it comes out... Until then - The Evora suits me well.

plastique999
07-25-2013, 02:41 AM
I'm on the list for the new Esprit if/when it comes out... Until then - The Evora suits me well.

There is a list?
Did u have to put a deposit down?
Have they updated you on time frame of delivery to states?


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Plackslayer
07-25-2013, 04:16 PM
No "official" list sadly. I have just expressed my absolute interest to the dealership where I get my car worked on in Texas that they have a sale waiting. I have no inside information either. Just a hope.

RWD Madness
07-28-2013, 06:53 AM
?
So in stead you got a Jeep
LOL

I wasn't talking about buying any of them... Just looking forward to their production

bartvdb
07-30-2013, 02:00 PM
again lot's of plan's.........