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Tag: Lotus
Lotus appoints former Jaguar Land Rover boss as new manager
Lotus has appointed Phil Popham, a former senior Jaguar Land Rover executive, as its new manager. Popham will serve as senior vice-president of commercial operations for Group Lotus and CEO of Lotus Sports Cars. He will report to Group Lotus chief executive Feng Qingfeng, a long-time executive of Geely, which now owns the Norfolk sports car… Continue reading Lotus appoints former Jaguar Land Rover boss as new manager
Geely wants Lotus to Think Big
Lotus hasn’t been in the best of situations for a while now. Its last new mainstream car was the Evora, and that launched in 2009. In the first seven months of 2018, Lotus sold only 145 new cars, a 25 per cent drop year-on-year. Things took a turn for the better when Chinese giant Geely… Continue reading Geely wants Lotus to Think Big
Geely Wants To Turn Lotus Into A Luxury Porsche Rival
It will also reportedly increase its 51 percent stake in Lotus with its Malaysian partner Etika Automotive, which holds the remaining 49 percent stake. “Geely is fully committed to restoring Lotus into being a leading global luxury brand,” the company responded in a statement when asked about the investment but refused to comment further. Geely… Continue reading Geely Wants To Turn Lotus Into A Luxury Porsche Rival
Geely Mulls $1.9 Billion Revival Plan for Lotus Cars
LISTEN TO ARTICLE SHARE THIS ARTICLE The Chinese owner of Lotus Cars is considering an investment of at least 1.5 billion pounds ($1.9 billion) to revive the iconic British brand featured in James Bond movies, according to people familiar with the matter. Zhejiang Geely Holding Group Co., which also controls Volvo Car Group, plans to… Continue reading Geely Mulls $1.9 Billion Revival Plan for Lotus Cars
Lotus under Geely – what’s the plan?
New CEO Feng Qingfeng was until recently chief technical officer of Geely Auto Group Lotus is something of a curiosity. Like Chrysler, many companies have owned it, only to eventually sell to another firm, usually having sustained substantial losses during the period of control. Will things be different under Geely? The following analysis of the… Continue reading Lotus under Geely – what’s the plan?
Brabham BT62: how this 700bhp track car will bring an iconic name back to racing
Twelve years. That’s how long it has taken David Brabham to reassert control over his famous family name and then formulate a solid strategy to re-establish it as a credible player in the automotive industry. Now, following last month’s launch of the new-look Brabham Automotive and its £1m-before-tax BT62 track car, he says he’s determined to put… Continue reading Brabham BT62: how this 700bhp track car will bring an iconic name back to racing
Brabham Automotive: how the BT62 will bring an iconic name back to racing
Twelve years: that’s how long it has taken David Brabham to reassert control over his famous family name and then formulate a solid strategy to re-establish it as a credible player in the automotive industry. Now, following last month’s launch of the new-look Brabham Automotive and its £1m-before-taxes BT62 track car, he says he’s determined… Continue reading Brabham Automotive: how the BT62 will bring an iconic name back to racing
Geely and Shell sign strategic agreement for new markets, R&D and new opportunities
Duke of Richmond welcoming Geely and Shell to Goodwood. Geely’s Bo Yue fleet arrives at Goodwood. Chinese carmaker Geely has extended its strategic collaboration agreement with energy major Shell that will go beyond just lubricants, at the sidelines of the recently concluded Sino-Euro tour. The ‘Challenge 100 Degrees – Geely Goes Global, Powered by Shell’… Continue reading Geely and Shell sign strategic agreement for new markets, R&D and new opportunities
Geely signs cooperation deal with Shell in Britain
LONDON, June 6 (Xinhua) — Geely Auto Group and Shell signed a global strategic cooperation agreement broadening their cooperation beyond just lubricants, as the “Challenge 100 Degrees-Geely Goes Global, Powered by Shell” European Tour came to a conclusion at the iconic center of British motorsport in Goodwood Wednesday. After more than a month of travelling,… Continue reading Geely signs cooperation deal with Shell in Britain