Dany Bahar

Lotus sues fired CEO for lavish spending on homes, helicopters

Nov. 30, 2012 17:34 CET
Lotus said ousted CEO Dany Bahar stuck the carmaker with the cost of his luxury lifestyle. Lotus is seeking to recoup about $4 million for unauthorized expenses and overpaid salary and bonuses.... Read More »

 

Lotus sues fired CEO for lavish spending on homes, helicopters

11:34 am U.S. ET | Nov. 30, 2012
Lotus said ousted CEO Dany Bahar stuck the carmaker with the cost of his luxury lifestyle. Lotus is seeking to recoup about $4 million for unauthorized expenses and overpaid salary and bonuses.... Read More »

 

Fired Lotus CEO Bahar seeks $10.6 million for wrongful dismissal

Aug. 27, 2012 19:49 CET
Dany Bahar, fired from his job as CEO at money-losing British sports car maker Lotus, filed a 6.7 million pounds ($10.6 million) claim against the automaker and its Malaysian parent, DRB-Hicom, for wrongful dismissal.... Read More »

 

New Lotus owners scale back product expansion

July 30, 2012 10:54 CET
The new owners of Lotus have scaled back plans to expand the UK sports car brand's product lineup. Malaysian industrial group DRB-Hicom has dropped a "five-year, five-car" plan for Lotus because it does not believe the project is viable, a source told Automotive News Europe.... Read More »

 

Bahar dismissed as Lotus chief executive

June 7, 2012 22:37 CET
Lotus CEO Dany Bahar has been dismissed, the UK sports car maker said. Lotus said the decision was made by the company's board after an investigation into a complaint made against him by holding company DRB-HICOM.... Read More »

 

Lotus dismisses CEO Bahar after probe

4:46 pm U.S. ET | June 7, 2012
Group Lotus, the unprofitable luxury sports carmaker, fired CEO Dany Bahar after investigating unspecified concerns over his conduct, the company said. Lotus said the decision was made by the board after an investigation into a complaint made against him by holding company DRB-HICOM Berhad.... Read More »

 

Lotus owner says carmaker won't be sold

May 28, 2012 14:49 CET
The owners of Lotus said they have no plans to sell the UK sports car brand despite the suspension of CEO Dany Bahar. Bahar's suspension fueled fears that DRB-Hicom is preparing to sell the money-losing automaker. DRB-Hicom bought Proton, the Malaysian parent company of Lotus, in January.... Read More »