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…)
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…)
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.
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…)
Lotus’ new owner, Malaysian conglomerate DRB-Hicom, has revised their future model plans, reducing the scale of former CEO Dany Bahar’s ambitious 5-car lineup.
Two years after Lotus presented a grandiose, multi-car lineup at the 2010 Paris Auto Show, the company will not be participating in this years festivities at the Porte De Versailles.
My biggest fear with the seemingly inevitable departure of Dany Bahar was having to read the contempt and gloating of the automotive media’s self-appointed product and management experts, whereby they claim vindication for shitting on Dany Bahar’s vision to do something about Lotus and their lack of profitability and his desecration of sacred “brand values”.
Dany Bahar has been dismissed effective immediately by Group Lotus following an investigation into Bahar’s spending practices.
Lotus CEO Dany Bahar’s 14 day suspension is set to expire on Monday. We have no idea what will happen next. He may get the boot, taking his ambitious five-year product plan with him. Or he may not. Putting the pieces together since Lotus was taken over by DRB-Hicom has painted an interesting picture, while still leaving the future of Lotus up in the air.
This being metro Detroit, you’d think that weekly car meets would be thick on the ground. But, perhaps because I spend too much time attached to a computer, I’m not aware of one in the northwest suburbs. So I was quite happy to trip across the inaugural event of the “Copper Canyon Classics” on Saturday morning at the Copper Canyon restaurant in Southfield, MI.
Despite all the righteous indignation regarding Lotus and their legendary outburst – which I still maintain is a brilliant PR stunt to get their message out and subvert the armchair-racer blogger cartel – it appears that the British sportscar shop has made a real world class sports car under the leadership of Dany Bahar, the supposed Antichrist for “real enthusiasts of the marque”. The kind who may be able to buy an Isuzu Impulse with Handling By Lotus.