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Joined: Mar 2011
Posts: 203
L - Learner Plates On
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OP
L - Learner Plates On
Joined: Mar 2011
Posts: 203 |
Seems Proton have decided to sell Lotus so could this be the end of Lotus ? Only hope are the Chinese it seems.
Andy
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Joined: Jul 2011
Posts: 836
Talk Morgan Regular
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Talk Morgan Regular
Joined: Jul 2011
Posts: 836 |
I had read that they were being urged to sell Lotus (by their asian investors). As of yet Proton were reluctant in doing so, has this changed?
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Joined: Mar 2011
Posts: 203
L - Learner Plates On
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OP
L - Learner Plates On
Joined: Mar 2011
Posts: 203 |
Yes seems its Malaysian analysts that are urging the sale but some reports say that Lotus are preparing for such an event .
Lets hope the new espirit gets released , would love to see that iconic car start up again !!
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Joined: Apr 2011
Posts: 8,015 Likes: 1
Posting Desperado Talk Morgan Guru
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Posting Desperado Talk Morgan Guru
Joined: Apr 2011
Posts: 8,015 Likes: 1 |
Would love to see it be British again , rather sick of British icons being picked up be other countries inc Bentley & Rolls 
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Joined: Oct 2008
Posts: 3,439 Likes: 7
Goodwood Drifter Talk Morgan Addict
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Goodwood Drifter Talk Morgan Addict
Joined: Oct 2008
Posts: 3,439 Likes: 7 |
Volkswagen/BMW made in UK their cars got better even though imho they lost some soul
Steven sold: M3W, Aeromax,V6, 4/4 4seater now: +fourLM62
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Joined: Mar 2010
Posts: 3,692 Likes: 129
Moderate or good, occasionally poor Talk Morgan Addict
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Moderate or good, occasionally poor Talk Morgan Addict
Joined: Mar 2010
Posts: 3,692 Likes: 129 |
Clearly the people at Goodwood don't think the sale will make a difference (either that, or they haven't heard). This was posted this morning on the Festival of Speed Facebook page: Lotus to take centre stage as the chosen Marque at the 2012 Goodwood Festival of SpeedGoodwood will celebrate this much-loved British brand at an exciting time in the marque’s history, as Lotus is currently two years into a dynamic five year brand reinvigoration plan with the goal of returning the marque to its original status alongside other prestigious sports car manufacturers. The plan includes an entire new range, the first of which will be the return of the iconic Esprit in 2013. http://www.goodwood.co.uk/festival-of-speed/lotus-to-take-centre-stage
2011 Morgan 4/4 1932 Austin 7 Chummy
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Joined: Aug 2011
Posts: 7,553 Likes: 88
Talk Morgan Guru
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Talk Morgan Guru
Joined: Aug 2011
Posts: 7,553 Likes: 88 |
Seems Proton have decided to sell Lotus so could this be the end of Lotus ? Only hope are the Chinese it seems.
Andy I hope not; with RR & Bentley now German; Land Rover & Jaguar now Indian; it would be nice if Lotus could eventually go back to British ownership.
Bud 4/4 "Stanley"
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Joined: May 2007
Posts: 4,612 Likes: 15
Part of the Furniture
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Part of the Furniture
Joined: May 2007
Posts: 4,612 Likes: 15 |
Seems Proton have decided to sell Lotus so could this be the end of Lotus ? Only hope are the Chinese it seems.
Andy I hope not; with RR & Bentley now German; Land Rover & Jaguar now Indian; it would be nice if Lotus could eventually go back to British ownership. Let's start saving up.
Steve A11OGE Red 1989 4/4 4 seater
'A Morgan is for life, not just for Sundays'
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Joined: Mar 2011
Posts: 203
L - Learner Plates On
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OP
L - Learner Plates On
Joined: Mar 2011
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Maybe Morgan should buy it !!!! 
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Joined: Dec 2008
Posts: 22,356 Likes: 353
Roadster Guru Member of the Inner Circle
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Roadster Guru Member of the Inner Circle
Joined: Dec 2008
Posts: 22,356 Likes: 353 |
I think Lotus are after £500mill to invest over the next 3 years. A big risk for any investor. It would take four Euro Lottery jackpot winners............. They might do better with Morgans approach of limited runs, with a classic in the mix (Elan) - but it looks like there's too much infrastructure to support low volumes. I really hope they survive in the UK though.
DaveW '05 Red Roadster S1 '16 Yellow (Not the only) Narrow AR GDI Plus 4
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