Lotus sports cars will be assembled in China, a dramatic turnaround plan revealed. The Norfolk business with about 1,000 UK staff was sold as part of its Proton parent to Geely Holdings, who also own Volvo and London Black Cab taxi makers, but it’s not known what will happen to the existing Hethel plant. Volkswagen Group has agreed to buy back some … [Read more...]
Lotus Elise Cup power overflows
Punching well above its weight, the new Lotus Elise Cup 250 offers a scintillating blend of purity of purpose with performance at the apex of the recently revised Elise range. Supercharged, lightweight and distilled from Lotus’ extensive motorsport knowhow, the new model packs 243 hp into a chassis designed to deliver the benchmark in responsive handling … [Read more...]
Newslines 27 May
A new report into the proposed Circuit of Wales in Ebbw Vale has concluded that the project could make a "significant positive contribution" to the South Wales economy despite the risks. The report from Professor Brian Morgan of Cardiff Metropolitan University concluded that the racing circuit could kick-start a revival in the Valleys and provide … [Read more...]
Breaking news: Lotus bought by Volvo parent
Geely has added Lotus to its portfolio of brands which already include Volvo and London Taxi Company. It has pledged to invest in the brand and raises the prospect of new British sports cars from Norfolk factory which has suffered from under-investment for decades while it has an enthusiastic following in the Far East. Geely's Volvo investment has … [Read more...]
Ultimate Lotus Exige races into exclusivity
The ultimate road and track Lotus Exige Cup 380 Coupe has been released. Just 60 will be made for worldwide sale, guaranteeing an exclusivity rarely found among collectors. It will top 175mph, does 0-60mph in 3.4sec and weighs just over a tonne with new bodywork to increase downforce for better roadholding and handling. The Exige Cup 380 can be … [Read more...]
