Dany Bahar is dismissed as CEO of Group Lotus
It comes as no surprise to hear that Dany Bahar's suspension from his role as Lotus CEO, has now been confirmed as a full termination. The post Dany Bahar is dismissed as CEO of Group Lotus appeared...
View ArticleLotus 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 they confirmed the termination of...
View ArticleBehind 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 maker. The post Behind the...
View ArticleLotus Chief speaks out on his plans for the company as the first Exige S is...
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, marked the milestone event by...
View ArticleDany 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 £6.7m ($10.6 million) against...
View ArticleGenii 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. The post Genii Capital set to offload Lotus F1? appeared first on...
View ArticleWhy 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 dialogue, I'll provide a little...
View ArticleDRB-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 company is 'seriously'...
View ArticleLotus 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 that the company's appearance...
View ArticleLotus announces major recruitment drive as investment from DRB-Hicom delivers...
Here's a bit of good news to end the week. Group Lotus has announced that it will create more than 100 new jobs at its Hethel base following a £100 million investment by new owners DRB-Hicom. The...
View ArticleLotus cashes in on £10 million regional growth fund award
It's been over 18 months since the House of Commons last spoke about injecting cash into Lotus Cars, but today Business Secretary, Vince Cable MP visited Lotus’ Norfolk headquarters to award the...
View ArticleLotus appoints a new CEO to succeed Dany Bahar
Lotus have been without a Chief Executive Officer (CEO) for nearly 2 years, but now with the appointment of Jean-Marc Gales, they have one. He'll be joining Aslam Farikullah, who remains as a Member...
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