Lotus Finally Has a New CEO

Sports Car

Could the road to a full recovery finally be underway?

It’s been some time since we’ve heard any updates regarding Lotus and its future in the business of building sports cars. After the five-year plan that started to get underway by former CEO Dany Bahar was completely sacked (along with Bahar), Lotus was left in a difficult position. Gone were plans to revive the Esprit. Instead, Lotus continued to build the Evora and a heavily updated Exige. Both are great cars, but clearly not enough to carry the brand in the long term.

Parent company DRB-HICOM previously appointed Aslam Farikullah as CEO in order to get the books straightened up. But today there’s word that former Peugeot-Citroen president Jean-Marc Gales has been appointed the new Lotus CEO. He’ll supposedly work alongside Farikullah for now. Gales has a lot of experience in the car business, having previously also worked for Daimler, GM and VW. Lotus has also repaired many of its financial troubles, thanks to increased sales in China and cost cutting elsewhere. Build quality has also been improved. So will there be a new Esprit after all or any other new models? From the way things are looking now, Lotus may finally be on its way to recovery.

You Might Also Like
10 Of The Coolest Car Parks In The World
10 Of The Coolest Car Parks In The World
10 SUVs More Powerful Than The 650-HP Lamborghini Urus
10 SUVs More Powerful Than The 650-HP Lamborghini Urus
5 Things You Need To Know About The 2019 BMW X5

After driving the car for the first time, here are our key takeaways.

Watch The BMW M2 Competition Lap The Ring In 7:52

That was supercar territory not long ago.

Kim Jong-un Gets Classy With New Ride

So much for sanctions.

Drifting A 1,000-HP Corvette On Mountain Roads Takes Some Serious Skill

Thought drifting the entire Nurburgring was challenging? Try it in a 1,000-hp Corvette on a mountain road with no safety rails.

Hennessey Heritage Edition Ford Truck Makes More Power Than Anything You’ve Got

This crazy beast is even more powerful than the Ford GT.

Ford Imagines A Future With No Traffic Lights

Stopping at junctions could be a thing of the past in the future.

One-Off Ferrari 330GT Speciale Is A 50-Year-Old Dream Come True

This stunning coachbuilding project is a tribute to legendary Italian designer Giovanni Michelotti.

Students Create 600-HP Honda Civic Hybrid Rallycross Machine

Deep Orange 9 is our kind of school project.

Is The Jaguar XE SV Project 8 Way More Powerful Than Advertised?

Jaguar claims the super sedan has 592 horsepower under the hood.

What's Hot

Related Cars

Starting MSRP
$89,900
Starting MSRP
$65,690

Related Reviews