
Like an Elise with a blown head-gasket, Lotus stumbles on while the smoke around the company continues to swirl. In what could be a glimmer of light, the latest report in Autocar says that the new owner “is not thinking about a sale”, but rumours of a possible move into administration refuse to go away.
Lotus was owned by Proton, but Proton has been sold to a Malaysian conglomerate, DRB-HICOM, and it is not clear if the new owners are really committed to the Norfolk sports car manufacturer. Lotus is losing money and DRB-HICOM could conclude that there is no strategic fit between a company that makes economy cars in Asia and a glamorous, if troubled, sports car business in Britain.





