Lotus

Lotus Elise 111R

Lotus Elise regains limelight from VX220

Lotus Cars plans to double Elise production in search of profit

Lotus has reported group earnings before interest and tax of £2.7 million for the year ended March 2003 on turnover of £154m, which compares with a loss of £16.6m in 2002 and a loss of £42.2m in 2001.

Elise up for grabs at Sewells event

A brand new £23,000 Lotus Elise could be won for £1 at the AM/Sewells aftermarket conference on March 26.

'Super' Elise for US

Lotus is to mount a major sales push in the US with a specially-tweaked version of the Elise. The special model, which should be on sale in the States by the middle of 2004, is likely to sport driver's airbag, ABS and air-conditioning.

Lotus wins £35m design contract

Proton subsidiary Lotus Engineering is to design a new niche range for a volume car manufacturer, using UK-developed technology to slash build costs.

Proton dealers face axe in network reshuffle

Proton UK has dismissed press reports claiming dealers will be selling Lotus cars alongside its own models within two years, but admits it is looking to weed out the worst performing retailers.

Lotus aims Elise at company car drivers

Lotus has unveiled a new company car tax-busting powerplant for its range of fleet-friendly 111 Elise roadsters. The low carbon dioxide emitting engine, a 1.8-litre variable valve control (VVC) K-series sourced from MG Rover, will go in the 111 and 111s unveiled next month.

Proton Satria 1.8 GTi 3dr £12,999

It should be good – handling by Lotus, 133bhp in a pocket package, megaphone exhausts, roof spoiler and the GTi badge.

Production delays take their toll at Lotus

Lotus suffered a £42.6m pre-tax loss last year due to production difficulties and restructuring costs.

MG Rover renews talks with Proton

MG Rover has renewed contact with Malaysian national carmaker Proton and its UK sports car and engineering subsidiary, Group Lotus, on possible long-term engineering and technical collaboration on new models, reports the FT today.

Prodrive purchase makes Lotus challenge possible

Prodrive chairman David Richards, a former world title-winning rally co-driver and navigator, was renowned for making rapid decisions on winding forest tracks. Now he applies corresponding nerve and meticulous preparation to negotiate the concealed curves of business life.

Prodrive purchase makes Lotus challenge possible

Prodrive chairman David Richards, a former world title-winning rally co-driver and navigator, was renowned for making rapid decisions on winding forest tracks. Now he applies corresponding nerve and meticulous preparation to negotiate the concealed curves of business life.

Lotus boss orders M250 designers back to the drawing board

Lotus has cancelled next year's launch of a new sports car, codenamed the M250.

Lotus dealers attack 'lie' over Elise supply delays

New Lotus Elise production delays are believed to be behind the retirement of chief executive Chris Knight, 58, who was replaced by non-executive director Terry Playle, 68.

New chief executive at Lotus

The Lotus Group has appointed a new chief executive, Terry Playle, to replace Chris Knight, who is retiring after four years in the post.

Proton ready to develop new models with Rover

Proton, which owns Lotus, has confirmed talks with Rover about future joint ventures and new model development. The Malaysian carmaker's move could throw a lifeline to Rover which desperately needs a cash-rich partner.

Vauxhall's Lotus-built sports car from £22,995

Vauxhall has reduced the price of its top selling executive car, the Omega, while Seat cuts choices in its Toledo range in half.

Hyundai plans to sell with elan

The replacement for the Lantra will be badged Elantra in the UK by Hyundai Cars UK as long as Lotus - owner of the Elan name - does not object.

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