Powered by Blogger.
Showing posts with label Lotus Elan. Show all posts
Showing posts with label Lotus Elan. Show all posts

DRB-Hicom Declines Offer for Lotus, VW Reportedly Interested in Parent Company Proton

Wednesday, July 25, 2012


Last week, Reuters reported that the ever-expanding Volkswagen Group is considering to place a new bid for Proton, which owns the Lotus brand, some five years after the Germans failed to form a tie up with the Malaysian carmaker as it seeks to extend its reach in the southeast Asian markets.

Today, DRB-Hicom, which acquired a 42.7 percent stake in Proton earlier this year, said that it had received an offer from an unnamed foreign company to buy Lotus for £1 (US$1.6 / €1.3) and take over the British company's debts that amount to more than £200 million (US$311 million / €257 million).

Read more »

Back to the Future: Kia Elan Roadster is a Lotus for the Masses

Thursday, May 3, 2012


Back in the late 1980s, two automakers with very different values and historical backgrounds each set out to build a roadster model for mainstream enthusiasts. The two brands were Mazda with its MX-5, also known as Miata in North America and Eunos Roadster in Japan, and Lotus, then owned by General Motors, with the Elan M100.

Both two-seater models were presented in 1989, but only one managed to become a phenomenal sales success, and that was the MX-5.

Ironically, Mazda's goal was to create a direct descendant of the original Lotus Elan from the 1960s, with a nostalgic feel in terms of styling, lightweight philosophy and rear-wheel drive setup, adapted of course, to the times.

On the other hand, the British automaker purposely designed a futuristic successor that maintained the handling and nimbleness of the original Elan, but instead of RWD, opted for a FWD layout, the first and last time Lotus tried it on a production model.

Even though the modern Elan was praised for its handling and forward looking styling, it ultimately fell victim to its high price having to compete with the cheaper and more reliable MX-5, and the fact that it was not as entertaining on the road as a rear-wheel driven model.

Read more »

Proton Refutes Reports that it will sell Lotus to Genii Capital

Friday, October 14, 2011


Proton, the Malaysian owner of Lotus, released a statement where it dismisses reports that appeared in several media outlets and which said that it is planning to sell a stake of the British sports car manufacturer.

Here’s what the company stated: "The alleged moves between Group Lotus and Genii Capital are untrue and the reports are highly speculative in nature. Proton’s relationship with Group Lotus is as good as it has ever been.”

Read more »

Lotus to Replace Evora with Elan in 2017

Thursday, July 7, 2011


Lotus’ most recent new sports car, the Evora, will stay into production until at least 2017, when it will be replaced with the new Elan according to the company’s boss Danny Bahar. This changes the initial plan that called for the Evora to be replaced as early as 2012. Read more »

VIDEO: Lotus Elan Concept’s Digital Instrument Panel in Action

Monday, January 24, 2011


The Lotus Elan was one of five concept sports cars presented by Lotus at last year's Paris Auto Show while it also made a quick stop at the LA motorshow that followed in November. Now that the concept studies have made it back to the England, the folks over at Paultan visited the British firm's headquarters in Hethel and shot this video showing the Elan's digital instruments in action. The panel consists of a large LCD screen flanked on either side by two smaller components. You can watch the video clip after the jump.

Read more »

New Photo Gallery of Lotus' Future Sports Car Lineup

Wednesday, December 22, 2010


You may have to ask a second time for their name and you probably need to take more than a couple of looks to tell them apart, but that doesn't mean we're not impressed by the next generation of Lotus sports cars.

Unveiled for the first time as concept studies at the Paris Motor Show in October, with the North American debut taking place at the Los Angeles Auto Show in November, the new Elise, Esprit, Elite, Elan are a wild bunch. And while we don't have anything new to add about the four sports coupes, Lotus has unleashed a beautiful photo gallery shot in Hollywood, which you can enjoy in high-resolution quality right after the jump.

Read more »

Paris: Lotus Shows off New Elan, Begs the Question: What will Happen to the Evora?

Thursday, September 30, 2010


Next up on our Lotus debut circus is the Elan, a small 2-seater (with an optional 2+2 layout) sitting somewhere between the Evora and the Esprit. Looking very similar to the Esprit (and in the rest of the new Lotus coupes), the Elan gets its power from a high-output Toyota-sourced V6 and, also like its new big brother, optional KERS and hybrid systems. Scroll on down for all the Lotus-certified facts.

Read more »

Paris Show: Lotus Unveils New Esprit, Elan, Elise, Eterne Sports Sedan and Concept City Car


Possibly one of the biggest surprises of the 2010 Paris Motor Show, was the unveiling of six new models from Lotus. Aside from the Elite GT (see here) that we've already told you about, the British sports car maker revealed not one, not two but five more new models and concepts!

Read more »

Total Pageviews