Tag: Lotus

By on November 8, 2012

In honor of Skyfall‘s opening tomorrow, we bring you one of the better Frankensteins we’ve seen in some time; a white Lotus Esprit, in the same hue as Roger Moore’s own ride in The Spy Who Loved Me, with a heart transplant from a Taurus SHO.

(Read More…)

By on November 6, 2012

Timothy Cain’s sales numbers for the UK provide a pretty sobering snapshot of Lotus and its quest for survival. Year-to-date, the brand is dead last in the UK sales rankings, outsold by such luminaries as Perodua, Ssangyong and Proton.

Even now-defunct Saab is handily beating Lotus. In October, 16 Saabs were sold, versus 2 Lotus cars. YTD, 231 Saabs have been sold versus 122 Lotus cars. Time for some drastic action, no?

By on November 1, 2012

Ben Oliver’s essay in Automobile Magazine might be the best one I’ve read on Lotus and their existential predicament. While my own pieces are full of vitriol and cursing, Ben’s eloquent prose outlines the brand’s biggest problem; lacking the necessary volumes, they need to take advantage of economies of scale and high margins to survive as an auto maker. Sports cars that compete in the Porsche Cayman’s price range and performance envelope aren’t popular with buyers nor do they generate the volumes or profits necessary to keep an independent sports car maker afloat. The proposed option, a series of high-end sports cars built off a modular platform (similar to the Lotus-derived Aston Martin VH architecture) was met with little fanfare. The economic principles were sound, but the proposal alienated the faithful. Over to you, Best & Brightest.

By on October 9, 2012

A report in The Independent revealed that Lotus owes supplies nearly $37 million and has even asked for tax payment deferments to help manage its cash flow.

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By on October 5, 2012
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With no less than three outlets reporting on the supposed death of the Lotus Esprit yesterday, one could be forgiven in thinking that Lotus was jettisoning the last of the Danny Bahar era and returning back to its roots as a maker of pure, uncompromising sports cars. It turns out that the reputable news outlets that reported on the matter failed to do any fact checking with Lotus. Also, I have a bridge in Brooklyn to sell you.

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By on September 18, 2012

She is twenty-seven or perhaps thirty-one, long-limbed and lithe with clean blond hair pulled straight back – though not in a severe way – from a fine-boned, small-nosed face. That which is not honed by either Pilates or Bikram is flattered by the lycra of her Lululemon yoga capris, the fabric caressing as it flexes. As she bends over to soothe an adorable tow-headed toddler in a six-hundred-dollar ergonomic jogging stroller, I have just one thing on my mind.

Damn.

That is a really nice stroller. (Read More…)

By on September 11, 2012

In all my years of crawling around in high-turnover self-service wrecking yards, not to mention old-timey slow-turnover wrecking yards, this is the first Lotus I’ve found. And it’s not just some boring Eclat— it’s a genuine mid-engined Elite! Granted, it’s been picked over pretty thoroughly… (Read More…)

By on August 28, 2012

Dany Bahar, the disgraced former CEO of the money-losing British sportscar maker Lotus, sued Lotus and its Malaysian parent DRB-Hicom for wrongful dismissal. According to Bloomberg, Bahar wants 6.7 million pounds ($10.6 million) from Lotus for alleged unlawful early termination of his employment. The media got wind of the lawsuit after  DRB-Hicom made a filing at the Kuala Lumpur Bursa. (Read More…)

By on August 24, 2012

Perhaps the final nail in the coffin for the Dany Bahar-era of Lotus; the company is auctioning off his 2003 Esprit, which was restored with a fresh engine, paint job and interior. A Brembo/AP braking system, a center exit exhaust and a bigger spoiler are among the unique touches on this 36,000 mile cream puff. For a man with such questionable judgement in business, his taste in cars is quite good.

By on July 26, 2012

As you read this, an old friend of mine is probably packing. Who knows, he could already be in the air. He was Volkswagen’s boots on the ground in Malaysia, the many times VW wanted to get its boots on the ground in Malaysia. Last time they tried in 2007, they disrupted Dirk’s retirement and sent him to Kuala Lumpur, where dealers of fake watches greeted him as the old friend he was by that time.  German media says, Volkswagen did not give up and they are trying again. (Read More…)

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