Copied from Pistonheads:
[color:#000099] LOSS-MAKING LOTUS PLEDGES 5 YEAR TURNAROUND
New product plan promises premium competitors for Lamborghini, Ferrari, Porsche.
Dany Bahar will shift company focus…Lotus will be transformed from ‘a track car specialist’ to a premium competitor for Porsche and Ferrari, under new plans revealed by its owner Proton.
The news has emerged from Malaysia, where Proton bosses have been briefing journalists on their latest plans for Group Lotus, saying the aim is to make the company profitable within five years.
Proton’s group managing director Datuk Syed Zainal Abidin Syed Mohamed Tahir told reporters yesterday that the main focus of the new five-year plan was to do battle with Porsche and Ferrari.
…so expect less of this sort of thing!"Group Lotus is targeted to have the best car in class products across the key luxury sports car segment with unparalleled brand experience, sales and after-sales service, efficiency and high quality product.
“It also targeted to increased product volume to 8,000 units per annum by 2015 from the current 2,000 units per annum,” he said according to a report by the Malaysian National News Agency. Apparently the average cost of a Lotus will rise to between �80-�110k, with a new emphasis on high technology instead of the classic Lotus attributes of simplicity and light weight.
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