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Tag Archives: DRB-Hicom
Lotus Cars – PROTON Appoints New Lotus CEO
PROTON Holdings Berhad (“PROTON”) last week announced the appointment of Jean-Marc Gales as the new Chief Executive Officer of Group Lotus plc, effective 1 May 2014. Lotus is a wholly owned subsidiary of PROTON and a member of the DRB-HICOM … Continue reading
Posted in Group Lotus
Tagged CEO, DRB-Hicom, Jean-Marc Gales, Lotus Cars, Proton
DRB-Hicom – ‘Paris Five’ canned, Lotus not to be sold
DRB-Hicom held a media event over in Malaysia during the night to discuss their plans for the future of Lotus. The company announced that the previous plan, announced at the 2010 Paris motor show, has officially been abandoned, with the … Continue reading
DRB-Hicom to invest more than £100m in Lotus
Malaysian news station NTV7 are reporting that DRB-Hicom is set to invest more than RM491 MLN (£100m) in Group Lotus plc in order to keep the British sports car maker afloat – with a view to return the company to … Continue reading
Posted in Group Lotus
Tagged Cost Savings, DRB-Hicom, Future, Group Lotus, Investment
Lotus Cars – Business Secretary visits Lotus’ flagship ‘Lotus Originals’ store
Business Secretary Vince Cable joined the members of DRB-HICOM yesterday at the Lotus Originals store on London’s Regent Street as part of a three day visit by Lotus’s new parent company. Discussion: SELOC Chat – ‘LOTUS ORIGINALS’ Regent Street Store … Continue reading
Posted in Group Lotus
Tagged DRB-Hicom, London, Lotus Originals, Regent Street, Vince Cable, Visit
Future Cars Disappear From Lotus Website
Following on from the take over of Lotus’s parent company Proton by DRB-Hicom, the dismissal of CEO Dany Bahar and that the Future Cars section, which featured the five ‘New Era’ models first shown at Paris in 2010, has been … Continue reading
Posted in Group Lotus
Tagged DRB-Hicom, Elan, Elite, Esprit, Lotus Cars, New Era, Website
The Lotus Position – What Happening At Hethel?
It’s been a tough few months at Hethel following the DRB-Hicom takeover of Proton. We take a look at the causes, the effects, and what it might mean for the future of Lotus. Read on to find more, or have … Continue reading
Posted in Group Lotus
Tagged Article, DRB-Hicom, Exige S, Group Lotus, Hethel, Lotus Cars, New Esprit, Proton
DRB-Hicom “Has not decided to sell Lotus Group”
Just spotted on Harry Metcalfes Twitter feed and now updated with the full press release over on the EVO website. DRB-HICOM HAS NOT DECIDED ON SELLING LOTUS KUALA LUMPUR, 21 April 2012 – Following numerous reports in the media on … Continue reading
Posted in Group Lotus
Tagged DRB-Hicom, Group Lotus, Harry Metcalfe, Lotus Cars, Press Release, Proton, Sale
CAR Magazine Interviews Lotus Cars CEO Dany Bahar
CAR Magazine has posted up an interview with Lotus Cars CEO Dany Bahar having returned from his business trip to the Middle East. In the interview they discuss the recent take over of Proton by DRB-Hicom, the effect this has … Continue reading
Posted in Group Lotus
Tagged 5 Year Plan, CAR Magazine, Dany Bahar, DRB-Hicom, Esprit, Evora, Exige V6, Goodwood Festival of Speed, Interview, New Era, Proton, Rumours, V8
Lotus Cars – Never let the facts get in the way of a good story….
Amidst ongoing rumours surrounding the future of the company, Lotus Cars have issued the following Press Release. Discussion: SELOC Chat – Never let the facts get in the way of a good story.. (lotus press release) Take a little look … Continue reading
Posted in SELOC
Tagged Dany Bahar, DRB-Hicom, Group Lotus, Lotus Cars, Media, Press Release, Proton
Bahar looking for backers for Lotus buyout?
After the purchase of Lotus’s parent company, Proton, from the Malaysian government by DRB-Hicom, the Malaysian auto group owned by billionaire Syed Mokhtar, the Sunday Times featured a story today suggesting that current CEO Dany Bahar may be attempting to … Continue reading
Posted in Group Lotus
Tagged Dany Bahar, DRB-Hicom, Genii Capital, Hethel, Proton, Sunday Times, Syed Mokhtar
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