Tag: Lotus

By on January 31, 2018

Evora 410

Lotus is an iconic automaker but, unfortunately, it hasn’t been a profitable one for years.* China’s Geely, which purchased a 51-percent stake in the brand last year, hopes to change that by investing “millions” into its production facilities. With the last factory revamp happening in 2009 to prepare for the Evora, that’s welcome news for Lotus. It also means new models are on the way.

Chief executive Jean-Marc Gales, a man who clearly enjoys his company’s cars, recently said that two new performance vehicles will arrive in 2020 — followed by an (apparently mandatory) sport utility vehicle. While we’re not enthralled by Lotus entering into the already bloated premium crossover segment, we’re hoping it’s willing to provide something different. Gales mentioned the model entering development a little over a year ago, saying “no one makes a lightweight, good-handling SUV. It’s a niche, and it looks well positioned.” (Read More…)

By on December 11, 2017

Image: 1988 Isuzu I-Mark RS TurboLet’s take a trip back to the 1980s — the time when one could drive past numerous Chevrolet and Geo (or Pontiac in Canada) dealers to visit their friendly Isuzu franchise. General Motors has a 34-percent stake in Isuzu, and that means some of the vehicles at the Chevrolet, Geo, and Isuzu lots are up to some badge-swapping trickery. Born as the Isuzu Gemini, the hatchback was renamed and rubber-stamped across brands, swapping badges and fascias with ease.

But one version was strictly badged as Isuzu, and only available for two years toward the end of the model’s run. It’s called the RS, and it’s Really Sporty fun on the cheap.

(Read More…)

By on December 3, 2017

lotus logo
There has been some gentle complaining among select individuals that Chinese ownership will somehow taint the purity of the Lotus brand — a strange accusation considering the brand was operating under the Malaysia-based Proton Holdings since 1997 long before being bought by Geely Automotive earlier this year.

Sure, it might not be the Lotus of yesterday but the company’s new Chinese overwatch has said it still has big plans for the brand. Based on its handling of London Taxi and Volvo, we haven’t been overly concerned. But we have been hoping the parent company would elaborate on what that might entail.  (Read More…)

By on June 26, 2017

2016 Lotus Evora 400

Iconic British sportscar manufacturer Lotus may find a portion of its future production shifted to China under the ownership of its new parent company, Geely. Chinese billionaire and Geely chairman Li Shufu confirmed the possibility of some assembly taking place outside the United Kingdom during a press conference following the signing of the deal.

While this could stir outrage in some traditionalists, the Chinese company hasn’t mucked up things with Volvo yet and appears willing to apply a similar hands-off approach to the management of Lotus Cars.  (Read More…)

By on May 24, 2017

Lotus

China’s Zhejiang Geely Holding Group Company has decided to purchase a 49.9 percent stake in Proton from Malaysian conglomerate DRB-Hicom and a majority share of the United Kingdom’s Lotus Cars.

Geely seems to have an affinity for other manufacturers and eclectic tastes — not just because it has received criticism for modeling its own cars after everything from Roll-Royce to Toyota, but because it also purchased Volvo Cars and the London Taxi Company. This could be extremely good news for Lotus, which always seems to be in a bit of a bind. Whether or not you like the idea of a Chinese company owning distinctively European brands, Geely helped Volvo come back from the brink and has committed to doing the same for Lotus.

“Reflecting our experience accumulated through Volvo Car’s revitalization, we also aim to unleash the full potential of Lotus Cars and bring it into a new phase of development by expanding and accelerating the rolling out of new products and technologies,” stated the company in its official announcement.  (Read More…)

By on February 21, 2017

2016 Lotus Evora 400

There’s a battle brewing between France and China over a famous Malaysian-owned British automaker. Who said globalization was in danger?

Geely, Volvo’s Chinese parent company, is in talks to buy Proton, the Malaysian owner of the famed Lotus brand, the Financial Times reports. Proton’s not doing well these days, all thanks to an influx of affordable imports that has eroded its domestic market share. To reach its goal, Geely must first stave off stiff competition from Europe.

France’s PSA Group, maker of Peugeot and Citroën (and potential future owner of Opel and Vauxhall), also wants to get its hands on Proton. However, it looks like the competing automakers want different things from the deal. (Read More…)

By on November 14, 2016

1990 Opel Lotus Omega, Image: Lotus Cars

While in recent months TTAC has reported on the declining popularity of the four door, there are still a plethora of fast sedans in the marketplace.

In fact, the performance extracted from them was unfathomable even a generation ago. How did we end up at a 500-horsepower Audi, a 640-horsepower Cadillac and 707-horse Dodge? What were once numbers reserved for otherworldly exotics now are found in a pedestrian nameplate.

But this is no new trend, for while the current power war we’re experiencing has generated outlandish performance numbers for a mere average Joe, the recipe of sticking the most punch possible into a sedan for the masses goes back a long way.

(Read More…)

By on September 26, 2016

2016 Lotus Evora 400

Lotus is waiting to see whose car pulls up to the orphanage, now that its parent company’s owners are looking for someone to take Proton off its hands.

The struggling Malaysian automaker, which bought a majority stake in Lotus in 1996, is being courted by at least three major automakers, Reuters reports. (Read More…)

By on August 5, 2016

Lotus Evora 400, Image: © 2016 Jack Baruth/The Truth About Cars

If you want to truly understand how the sausage of “automotive journalism” is made, there are two articles that you absolutely must read. The first is fun: it’s by Neal Pollack and it talks about the outrageous excesses of Mercedes PR’s “Pied Piper.” The second is long and occasionally tedious: it’s called “Taking Readers For A Ride” and it was written for American Journalism Review by a fellow named Frank Greve with material assistance from … yours truly.

Most people know by now that the majority of new-car press introductions are absurdly sybaritic affairs, featuring five-star hotels, unlimited room service, outrageous gifts, and once-in-a-lifetime experiences. Why does Subaru have to introduce the XV Crosstrek in Iceland? The simple answer is that they didn’t … but they knew that the broke-ass journalists who used the trip as a vacation (and, in at least one case, a hookup) would treasure the trip for the rest of their lives.

This sort of thing distorts autowriting to a degree that is borderline insane. But if you listen to the PR people and their apologists in the media, they will tell you that there is just no other way to do it. Wrong answer. It’s possible to do a press intro on the cheap — and it’s also possible to make that intro the best one of all time.

(Read More…)

By on January 8, 2016

1992 TVR Griffith

Earlier this week, we celebrated the new year by looking at a couple cars that are eligible for private import under the NHTSA’s “25 Year Rule” and I figured there were many more possibilities out there warranting a mention. Some of these have become eligible over the last couple years, where some won’t be ready for a year or so.

I’m sure I’ll miss some, either via simple forgetfulness or willful ignorance. (I doubt there are many people chopping at the bit to import a Zastava Florida.)

(Read More…)

By on December 28, 2015

2016 Mazda CX-3 GT (18 of 25)

Newly promoted, high-priced executives at Mazda seem to think there’s something to this crossover fad.

That, Hyundai’s landed a Benjamin Button to lead Genesis and I wish I would have known how cheap I could have purchased an F1 team … after the break.

(Read More…)

By on September 4, 2015

rampsidefront

This week on the TTAC forum, we’ve had a few interesting rides on the Classic and Collector subsection. Not just the stuff I’ve posted, either, as our own Ronnie Schreiber posted a very cool vintage truck he had photographed.

This weekly feature isn’t just for TTAC writers, either. I’d love nothing more than to wake up on Friday and not write about a single car that I’d posted. Please, post links to cars you’ve found as you search the web, and I’ll give a shoutout to the best.

This week, we have Ronnie’s Corvair, a Jeep, a K-Car, an Eighties-vintage Alfa, a cheap Ferrari, and a Lotus.

(Read More…)

By on August 4, 2015

lotus19

*Unless it isn’t.

According to Lotus CEO Jean-Marc Gales, the next-generation lightweight Lotus two-seater sports car has a future in the United States around 2020 — that is, if Lotus is still around then.

The chief executive spoke to Automotive News and said the Elise could be adapted to the U.S. market’s famously fussy safety regulations, which eventually killed the current-generation Elise in 2011 in the States.

This isn’t the first time Lotus has teased us. Remember the Esprit (pictured above) that was definitely going to be a thing? Yeah, um, I guess that one is still in the mail, huh?

(Read More…)

By on June 24, 2015

Lotus Evora 400 Circa Geneva 2015

After a brief hiatus in 2014, Lotus Cars USA is back in the game for 2015, including a move to the Detroit metro area.

(Read More…)

By on June 9, 2015

DC Hoods Courtesy cnbc.com

My 25-plus years as a Big Time Auto Industry Executive afforded me many memorable moments. It would be difficult to single out one example, but I may be the only person on earth who has shaken hands with both Soichiro Honda and Derek Kreindler.

As for the low point of my career, there is no contest: the morning of May 7, 1998, four months after I joined Mercedes-Benz Credit Corporation. That was the day it was announced Daimler-Benz had merged with the Chrysler Corporation.

(Read More…)

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