Tag Archives: Lotus

Lotus SUV may have been revealed in patent drawings

Insatiable demand for SUVs all over the globe but particularly in key markets such as China and the United States has led to companies even like Lotus, whose reputation is built on lightweight sports cars, joining the trend. (We can also add Ferrari to the list.) Yes, Lotus is developing an SUV for introduction early next decade and we may have just...

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China’s Geely completes acquisition of Lotus

Zhejiang Geely Holding Group in May agreed to purchase 51 percent of Lotus, giving the Chinese automaker a sports car brand to sit alongside its other brands which include the likes of Volvo, Lynk & Co. and Geely. Geely Holding on Friday closed the deal which sees the remaining 49 percent of Lotus go to Malaysian supplier Etika Automotive. Lotus CEO...

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Lotus GT430 Sport offers the go with less aero show

Lotus took the wraps off of its limited-production Evora GT430 earlier this year, but now anyone (though not anyone in the United States) can hop into a GT430 with the introduction of the Lotus Evora GT430 Sport. The GT430 Sport is almost identical to the limited-run GT430, although the addition of an optional automatic transmission, the lack of aero bits...

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Lotus shocks, heads toward profitability as fiscal year closes

Lotus has pulled a money-laden rabbit from its top hat. With the results of its 2016/2017 fiscal year, Lotus Group International Limited's operations are heading toward profitability. At the close of the fiscal year, Lotus posted a positive earnings before interest, tax, depreciation, and...

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Evora GT430 is most powerful Lotus road car yet

Lotus on Thursday unveiled the most powerful road car in the marque's history. The car is the Evora GT430, and as the name suggests it's packing 430 horsepower. The power, together with 325 pound-feet of torque, is generated by the Evora's familiar 3.5-liter supercharged V-6 and...

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Lotus cars could be built in China, says new owner Geely

China's Zhejiang Geely, the holding company that owns the Volvo, Lynk & Co and Geely car brands, entered a deal in May to acquire a 51 percent in stake Lotus from Malaysian conglomerate DRB-Hicom. As part of the deal, Geely also agreed to acquire a 49.9 percent stake in Malaysian...

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This Lotus Elise hillclimb racer packs a V-8 secret

In our continuing exploration of the world of hillclimb race cars we present a new mighty, maniacal machine for your enjoyment. This time around we're working with a Lotus Elise. This is a car built on the idea of added lightness, but this one also has a V-8 engine. This particular V-8 isn't a...

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Lotus Exige once owned by Jerry Seinfeld sells for $90,400

Jerry Seinfeld's love of Porsches is renowned, but the comedian and television star isn't averse to cars from other marques. For example, a year ago we saw Seinfeld sell a batch of cars that included a couple of Volkswagens. Now a 2009 Lotus Exige S 260 he once owned has just been sold...

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Future Volvos may benefit from Lotus suspension tuning

Lotus has a long history in engineering and building precise, sharp-handling cars. Now, as Lotus and parent company Proton, are in the process of being acquired by Chinese firm Geely, a bit of that spritely British engineering could find its way to Volvo. How might Swedish engineering and British...

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Geely agrees to purchase major stake in Lotus, Proton

China's Zhejiang Geely Holding Group, the company that owns the Volvo, Lynk & Co and Geely car brands, on Wednesday agreed to purchase 49.9 percent of Lotus parent company Proton from current owner DRB-Hicom. As part of the deal, Geely will also purchase a 51 percent stake in Lotus. Terms...

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