Lotus Posts $750 Million Loss for 2023 While Also Setting Sales Record

Lotus has reported a net loss of £594 million (about $751 million USD) for 2023. However the company actually had a good sales year, moving 6,970 vehicles in a twelve-month period. Lotus noted that sales ramped up in the final quarter of 2023, with the company seeing a 110-percent increase after the launch of the Lotus Eletre SUV. Though getting that vehicle, and other upcoming electric models, into production are one of the primary reasons for its crash burn.

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Used Car of the Day: 2011 Lotus Evora S

Hey, wanna buy a Lotus?

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Used Car of the Day: 2005 Lotus Elise

Want to own a low-mileage Lotus? Now you can. This 2005 Lotus Elise has just 19K miles on the clock.

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Lotus and Alpine Scrap Joint All-Electric Sports Car Program

Despite Alpine and Lotus having previously indicated plans to jointly develop a successor to the A110 sports coupe, reports have emerged stating that all work on the project has stopped. With both companies vowing to go electric, the partnership was supposed to help both companies benefit from their performance expertise.


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Used Car of the Day: 2021 Lotus Evora GT

Today's used car of the day is not going to be cheap.

Yes, it's a 2021 Lotus Evora GT, and not surprisingly, it will cost you.

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Used Car of the Day: A 2009 Lotus 2-Eleven Track Toy

If you want or need a track toy and can swing a $70,000 asking price, this 2009 Lotus 2-Eleven could be yours.

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Used Car of the Day: 2008 Lotus Elise California SC

It's so cold outside that I've started Zillowing homes in Florida. And with certain exceptions, I don't much like Florida. Well, I can at least look at convertibles and dream of warmer weather. Such as this 2008 Lotus Elise.

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Used Car of the Day: 1997 Lotus Elise

A bit late with UCOTD today, as I had other duties in the morning, but I'm making up for it with this unique choice: A 1997 Lotus Elise.

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TTAC Rewind: Tracking a Lotus Evora 400

Today's rewind is a bit different than the usual car review.

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Lotus Eletre SUV Unveiled, More Lotus EVs Planned

A Lotus EV? If British electronics are involved, isn’t a Lotus EV going to be useful only as a paperweight?

I kid, I kid. Lotus, however, is dead serious — the Lotus Eletre is here, and the company calls it “the world’s first electric Hyper-SUV”.

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Lotus Says Emira Will Be Its Last Gasoline Powered Model

Lotus Cars has announced that the Emira sports car will be its next and final internal combustion model as it prepares itself to become an exclusively electric brand. The historically British manufacturer says its Chinese owners, the Zhejiang Geely Holding Group, are preparing a cash injection of $2.8 billion to swap to EVs and expand its footprint.

While the present market makes those items feel as though they could conflict with each other, Lotus thinks that the climate will be different a few years from now and plans on going EV only by 2028. In the meantime, the Emira is scheduled to launch in July.

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Rare Rides: The 1992 Lotus Excel, End of an Era

Today’s Lotus Excel hails from the end of a period of transition at the famed British brand. Built for 11 years, by the end of Excel’s run the company had chosen a new direction for its cars.

Most would say the change was for the better.

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Rare Rides: The 1981 Lotus 87 Formula One Car, in Black Gold

While the Rare Rides series has featured a few Lotus vehicles in past, none of them rose quite to the importance of today’s single-seat example. A one-of-one, it’s the car Lotus used in the 1981 Formula One racing series.

And now you can buy it, and drive it on quick jaunts to Target or Cracker Barrel.

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Report: Lotus Might Return to the Past With New Elan

A strange coincidence today — as exotic-obsessed auto journos took to Twitter to drool over Caterham’s latest iteration of the classic Lotus Seven roadster (and rightly so, as motoring doesn’t get any purer), Lotus itself may be planning to resurrect a famous nameplate from the past.

This model’s a little more modern than the Seven, but only just. According to sources who spoke to Autocar, the British automaker, now flush with cash from its Chinese parent, has its eye on a new Elan.

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Preparing for the Future, Lotus Unveils New Logo

While Lotus Cars’ world premiere of the Evija hypercar was easily the biggest announcement made by the company in the past ten years, another major announcement slipped in beneath the radar this week. Apparently, Lotus has a new logo.

Whilst browsing the brand’s latest press releases, we noticed it had uploaded some new photos of the Evija and a gaggle of snapshots from its new partnership with the Norwich City Football Club. Despite European soccer sponsorships holding this author’s interest about as well as a sieve holds water, something looked a little off about the Lotus emblem emblazoned on the Evora and Exige models parked outside of the renamed “Lotus Training Centre.”

Why Lotus decided to bury its new branding announcement deep within a press release about its favorite sports club is anybody’s guess. Perhaps it felt the changes to the logo weren’t extreme enough to warrant a separate announcement.

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  • Redapple2 jeffbut they dont want to ... their pick up is 4th behind ford/ram, Toyota. GM has the Best engineers in the world. More truck profit than the other 3. Silverado + Sierra+ Tahoe + Yukon sales = 2x ford total @ $15,000 profit per. Tons o $ to invest in the BEST truck. No. They make crap. Garbage. Evil gm Vampire
  • Rishabh Ive actually seen the one unit you mentioned, driving around in gurugram once. And thats why i got curious to know more about how many they sold. Seems like i saw the only one!
  • Amy I owned this exact car from 16 until 19 (1990 to 1993) I miss this car immensely and am on the search to own it again, although it looks like my search may be in vane. It was affectionatly dubbed, " The Dragon Wagon," and hauled many a teenager around the city of Charlotte, NC. For me, it was dependable and trustworthy. I was able to do much of the maintenance myself until I was struck by lightning and a month later the battery exploded. My parents did have the entire electrical system redone and he was back to new. I hope to find one in the near future and make it my every day driver. I'm a dreamer.
  • Jeff Overall I prefer the 59 GM cars to the 58s because of less chrome but I have a new appreciation of the 58 Cadillac Eldorados after reading this series. I use to not like the 58 Eldorados but I now don't mind them. Overall I prefer the 55-57s GMs over most of the 58-60s GMs. For the most part I like the 61 GMs. Chryslers I like the 57 and 58s. Fords I liked the 55 thru 57s but the 58s and 59s not as much with the exception of Mercury which I for the most part like all those. As the 60s progressed the tail fins started to go away and the amount of chrome was reduced. More understated.
  • Theflyersfan Nissan could have the best auto lineup of any carmaker (they don't), but until they improve one major issue, the best cars out there won't matter. That is the dealership experience. Year after year in multiple customer service surveys from groups like JD Power and CR, Nissan frequency scrapes the bottom. Personally, I really like the never seen new Z, but after having several truly awful Nissan dealer experiences, my shadow will never darken a Nissan showroom. I'm painting with broad strokes here, but maybe it is so ingrained in their culture to try to take advantage of people who might not be savvy enough in the buying experience that they by default treat everyone like idiots and saps. All of this has to be frustrating to Nissan HQ as they are improving their lineup but their dealers drag them down.