The news of Lotus


As The Telegraph reported “The future of motor marque Lotus has been called into question after the company made a £167.8m net loss in 2013 and breached its banking covenants.”

In the finance aspect, the brand’s owner Proton is planning to deal with Lotus’ debt to clean the road ahead but its deputy chief executive, Lukman bin Ibrahim, said that until this has been competed, “there is a material uncertainty which may cast significant doubt over the group and the company’s ability to continue to operate as a going concern”.


Let’s talk about the design aspect. During the last several years, Lotus has announced Donato Coco’s appointment to Director of Design for Group Lotus starting January 4, 2010. At the same year in the Paris motor show Lotus unveiled five brand new models. The CDN reported that “Not that the commentary has been entirely complimentary – the brand’s upmarket realignment…

View original post 83 more words


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: