SELOC staging review
Published 7 March 2012

EVO – Funding Delays Hold Up Exige, Evora GTE and Esprit Development

From the archive. Prices, availability and references describe the original publication date.

EVO Magazine have posted exerts from an exclusive interview with Lotus Cars CEO Dany Bahar discussing the DRB-Hicom buyout of Proton and it’s impact on Lotus’ car development programme.

As a result of the development freeze the launch dates for the Exige S and Evora GTE have both been pushed back, along with delays of up to 6 months for the new Esprit model.

When asked about the likelihood of DRB-Hicom continuing with the current Lotus business plan, Bahar gave an answer of “I really hope they will but I cannot call 
it at the moment, it’s still 50:50.”

You can read the full piece on the EVO website.

Discussion: SELOC Chat – Any problems Lotus?