Lotus

Lotus plans to build cars in China

April 17, 2015 16:24 CET

Lotus plans to build cars and engines in China in a joint venture, DRB-Hicom, the UK sports car maker's Malaysian parent company, said. The venture will involve an investment of $1.6 billion over 15 years....
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Lotus forms joint venture to build cars, engines in China

9:34 am U.S. ET | April 17, 2015

Lotus plans to build cars and engines in China in a joint venture, DRB-Hicom, the U.K. sports car maker's Malaysian parent company, said....
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Lotus CEO leans towards SUV launch as sales pick up

2:53 pm U.S. ET | March 5, 2015

Lotus CEO Jean-Marc Gales, focused on the British sports car maker's survival, says the next all-new Lotus vehicle is likely to be a crossover SUV....
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Lotus plans U.S. return with Evora 400

12:01 am U.S. ET | Feb. 23, 2015

Lotus has moved its Evora 400, which will spearhead the brand's return to the U.S., further upmarket to better compete with the Porsche 911 and Audi R8. The Evora 400 will come with side airbags to allow the car to be sold in the U.S. starting at year end....
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2015 GENEVA AUTO SHOW

Lotus plans U.S. return with Evora 400

Feb. 19, 2015 11:13 CET

Lotus unveiled the Evora 400, a revised version of its flagship Evora sports car that will spearhead the brand's return to the United States. Lotus has moved the mid-engine coupe further upmarket to better compete with rivals such as the Porsche 911 and Audi R8....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Lotus boss will add dealers, cut costs to return struggling brand to profit

Nov. 6, 2014 06:01 CET

New Lotus CEO Jean-Marc Gales has launched a cost-cutting plan at the money-losing automaker that will include axing over a quarter of employees. The former No. 2 at PSA says his next task is to add more dealers....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for November

Nov. 3, 2014 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at why megaplatforms are a must-have for any automaker with global ambitions....
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Q&A

Lotus to add dealers, cut costs to find profitability

12:01 am U.S. ET | Nov. 3, 2014

Jean-Marc Gales, the former No. 2 at PSA Peugeot Citroen who took over in May as CEO of Group Lotus, faces major challenges at the struggling British sports car maker....
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ANE's November e-magazine goes live Monday

Oct. 31, 2014 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Nov. 3. This month's edition looks at why megaplatforms are a must-have for any automaker with global ambitions....
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Lotus names Carr as new design chief

Oct. 23, 2014 12:09 CET

Lotus's design boss, Donato Coco, a former styling chief at Ferrari, will leave the UK sports car maker. Coco, one of a number of star hirings made by former CEO Dany Bahar, will be replaced by the carmaker's current design manager, Russell Carr....
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DOUGLAS A. BOLDUC

BLOG: Tavares, Palmer, Gales ready to shine in new CEO roles

2:00 am U.S. ET | Sept. 30, 2014

A year ago Carlos Tavares was unemployed, Andy Palmer was Nissan's planning chief and Jean-Marc Gales was leading supplier group CLEPA. All three are now CEOs ready to stand in the spotlight at the Paris auto show this week....
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DOUGLAS A. BOLDUC

BLOG: Tavares, Palmer, Gales ready to shine in new CEO roles

2:00 am U.S. ET | Sept. 30, 2014

A year ago Carlos Tavares was unemployed, Andy Palmer was Nissan's planning chief and Jean-Marc Gales was leading supplier group CLEPA. All three are now CEOs ready to stand in the spotlight at the Paris auto show this week....
Read More »

No '15 Evora as Lotus works on 'smart' airbags

12:01 am U.S. ET | Sept. 29, 2014

Lotus, which is laying off about one quarter of its global staff, will skip the 2015 model year of its only street-legal car sold in the United States, the Evora two-seater....
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Lotus halts U.S. sales for 2015 model year

3:56 pm U.S. ET | Sept. 23, 2014

Boutique British sports car maker Lotus may be due for a pit stop in the U.S. The only Lotus model sold in the U.S., the Evora, is being dropped for the 2015 model year because it no longer meets U.S. federal crash standards....
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Lotus CEO 'confident' he can return brand to profit

Sept. 23, 2014 06:01 CET

New Lotus CEO Jean-Marc Gales says he's “confident” he can make the money-losing brand profitable again by cutting jobs, adding dealers and boosting the sports car maker's lineup....
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NICK GIBBS

BLOG: Lotus' timeless 'tub'

12:01 am U.S. ET | Sept. 23, 2014

New Lotus CEO Jean-Marc Gales sees no reason to change the British sport car maker's timeless bonded aluminum “tub" because he says it remains a benchmark for vehicle dynamics and fuel efficiency....
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Lotus plans to cut up to 325 jobs to reduce losses

Sept. 18, 2014 18:41 CET

UK sports car maker Lotus said it plans to cut as many as 325 jobs, a quarter of its workforce, as it seeks to reduce losses....
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Lotus may cut workforce 27% in restructuring

1:49 pm U.S. ET | Sept. 18, 2014

Group Lotus, the maker of exotic British sports cars, may reduce its workforce by 27 percent to cut costs. As many as 325 of the 1,215 people employed at the company could lose their jobs as the manufacturer restructures, Lotus said Thursday....
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Lotus hires former Kia Europe exec Lievens

Aug. 27, 2014 06:01 CET

Lotus has hired Jean-Charles Lievens, Kia's former European markets expert, to develop the automaker's sales network in France, Italy, Spain and Portugal....
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Audi draws up EV plans

12:01 am U.S. ET | June 23, 2014

Audi has drawn up blueprints for a range of high-performance electric cars to help it take on its German rivals and Tesla Motors if the market picks up, sources at the carmaker told Reuters....
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New Lotus CEO is industry veteran Gales

May 2, 2014 11:53 CET

Industry veteran Jean-Marc Gales is the new CEO of Lotus. Gales, 51, has held high-level jobs with Daimler, BMW, VW, PSA and Opel and is tasked with leading the sports-car maker's turnaround....
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