DRB-Hicom suspends Lotus’ CEO Dany Bahar
It appears that Lotus’ new Malaysian owners has just suspended Dany Bahar and together with him the ambitious plans for the British manufacturer. According to the new owner, Bahar was... Read more
Lotus CEO told to continue five-year program amidst Proton sale
The chief executive of Lotus Group Plc, Dany Bahar, has received instructions to carry on his five-year program to replace the entire Lotus model range, despite the fact that its... Read more
Dany Bahar looking for a financial partner to buy Lotus
Lotus CEO Dany Bahar wants to buy the British sports car maker from present owner Proton and is currently on the search for financial partners, according to a recent Sunday Times report.... Read more
Lotus not satisfied by the current sales, wants to boost profits
It appears that Lotus is not quite happy with its current sales and the company is trying to beef up its sales efforts as in the next 18 months. The reason is very simple: the company is... Read more
Lotus to develop its own V8 engine, says company boss Dany Bahar
Lotus plans for its new Esprit to be powered by its own design for a V8 engine, company boss Dany Bahar said in an interview with Autocar. Lotus is presently conducting a feasibility... Read more
Bob Lutz estimates 60% chance of success for new Lotus recovery plan
The new Lotus recovery plan has at least a 60% chance of attaining its goal of launching 5 new models, raising prices towards the £100,000 bracket and selling 6,000 to 7,000 vehicles... Read more
Lotus CEO Dany Bahar to reveal his seven-year product plan to employees in December
What Lotus aims to do in seven years will be revealed this December to its employees by new Lotus CEO Dany Bahar. On Oct. 1, Bahar took over from Mike Kimberley who had retired. As a... Read more
Dany Bahar has been named as new CEO of Lotus
Dany Bahar has been named as the new CEO of Lotus and will officially take over on October 1. Bahar replaces Mike Kimberley who retired from the company last July. Before this... Read more
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