Unity is strength. The Chinese manufacturer Geely seeks to associate with Daimler, of which he is already the largest shareholder, to tackle the car-sharing and VTC market. The two companies are currently in talks to create a car pooling and on-demand vehicle joint venture in China, reports Bloomberg. The objective would be compete with Didi,… Continue reading Geely and Daimler want to create a car-sharing and VTC joint venture
Tag: Lotus
Matt Prior: what does the future hold for Lotus?
Good news out of Lotus, of the kind that I suspect we should get used to in the short term: a new hiring. It takes less time to put people in place than it does cars into production, even under the stewardship of a company like Lotus’s Geely parent, which has recently transformed Volvo. Geely… Continue reading Matt Prior: what does the future hold for Lotus?
Geely poaches former Jaguar executive to manage Lotus
Geely poaches former Jaguar executive to manage Lotus Financial Times Lotus appoints former Jaguar Land Rover boss as new manager Autocar Lotus appoints new chief executive for sports cars division Eastern Daily Press Full coverage Go to Source Go to Source
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