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0Rumormill: Lotus Esprit cancelled? 1349391540
Two years ago, we were gobsmacked when humble Lotus shocked the automotive world by wheeling out no fewer than five new models – admittedly in various stages of development – at the 2010 Paris Motor Show. The ambitious onslaught of new sheetmetal came at the behest of then-CEO Danny ...
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Report: Former CEO Bahar files US$10.6M suit against Lotus 1346261340
File this one under "not surprising in the least." Fired Lotus CEO Dany Bahar is reportedly suing his former employers for some US$10.6 million, claiming that the automaker and its Malaysian owner, DRB, broke the law when they dismissed him. According to a report by Bloomberg Businessweek, DRB ...
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Official: Lotus gives Dany Bahar the boot 1339257660
Lotus has fired CEO Dany Bahar and appointed Aslam Farikullah as the company's Chief Operating Officer, effective immediately. The move was unsurprising, as an investigation into Bahar's expenses had led to his suspension last week. The 51-year-old Farikullah is said to have over 26 years of ...
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Report: Lotus in search of new buyers? 1306958520
There's no question that Lotus needs to sell more cars if it is to survive in an industry rapidly centralizing into major groups. But when CEO Dany Bahar talks about looking for new buyers, he's not talking about selling cars. He's talking about selling the company itself. Of course, Lotus is ...
