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Lotus moves to dispel another careless whisper (w/Statement)
News of Lotus' demise has been greatly exaggerated, following a report this morning that it was being liquidated. The news, first published in Autocar, wrongly reported…
DRB-Hicom Chairman confirms Lotus is ‘not safe’ and considers its disposal
Yesterday at an extraordinary general meeting (EGM) in Shah Alam, DRB-Hicom's Chairman Datuk Syed Mohamad Syed Murtaza confirmed what we've known for a while, that the…
Why Lotus’ future is far from being ‘safe’
Last week an article was published online by Auto Express magazine, with the title "Lotus' future is safe". In the interests of transparency and to ensure an honest…
Genii Capital set to offload Lotus F1?
Rumours emerged in the past few days that Gerard Lopez's Genii Capital, owners of Lotus F1, may be in talks to sell the team.
Dany Bahar files £6.7m claim against Group Lotus for wrongful dismissal
It will come as no surprise to anyone who's been following Group Lotus recently, that Dany Bahar, who was fired as CEO back in June this year, has initiated a claim for…
Lotus Chief speaks out on his plans for the company as the first Exige S is produced
The first production Exige S came off the assembly line last week, beginning a new phase for the Norfolk sportscar maker. Chief Operating Officer, Aslam Farikullah,…
Behind the story: Lotus eaters take a gamble
Earlier this week I got together with Margareta Pagano, Business Editor of The Independent newspaper, and compared notes on the state of play at Norfolk's favourite car…
Lotus appoints a new Chief Operating Officer, but who is Aslam Bin Farikullah?
In a statement released this evening, DRB-Hicom announced the appointment of Mohd Aslam Bin Farikullah as Lotus' new Chief Operating Officer (COO), at the same time as…
