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Scuffers
10,408 posts
143 months
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bobo said:
scuffham, quick question as i'm not up on this but wasn't the move into F1 something for nothing, i.e the overall relative cost the co sweet fa ?
Well, it would have been SFA if they had just left 1malysia with the name, but god knows how much its cost in legal fees, then having to buy the name back off tony when they lost the court case. In the mean time, genII have got the name for nothing, and at this rate, they will probably end up with group lotus for a song too.
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BibsTLF
678 posts
76 months
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GL didn't have to buy the name back from Tony as Tony never bought it from David Hunt in the first place, nor do they race under the Team Lotus banner now.
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Scuffers
10,408 posts
143 months
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BibsTLF said: GL didn't have to buy the name back from Tony as Tony never bought it from David Hunt in the first place, nor do they race under the Team Lotus banner now. so, just to be clear, Tony was never paid NOT to use Team Lotus this year then? (as that flys in the face of some very public statements on all sides)
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marshalla
8,018 posts
70 months
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BibsTLF said: GL didn't have to buy the name back from Tony as Tony never bought it from David Hunt in the first place, nor do they race under the Team Lotus banner now. I rather thought that TF bought the name (through buying the company) but the brand identity (trademarks) was revoked for non-use. As a result 1Malaysia could race as Team Lotus but would struggle to put anything resembling a Lotus brand on any of their products.
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BibsTLF
678 posts
76 months
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The deal was never completed, TF didn't pay for it in the end and David still owns Team Lotus.
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Dodgey_Rog
1,840 posts
129 months
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BibsTLF said: The deal was never completed, TF didn't pay for it in the end and David still owns Team Lotus. Wasn't there a case pending from David Hunt as he was put out that TF was using his 'Team Lotus' name without actually paying anything for it? Therefore, any leverage value it had, is subsequently zero now? But then, one would have thought DH wouldn't have permitted the use without being paid in the first place?
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Scuffers
10,408 posts
143 months
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and no money changed hand....
if only...
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WayneB
125 posts
95 months
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Hmmmm, over two weeks since the new COO Mr.Farrakulah arrived and no press conference to outline his plans for the future of Group Lotus.
When MJK took over from Ogaard Neilsen, he immediately formulated a survival plan and addressed the public to calm fears of the companys demise.
This silence from the new guy sends the message that he is just there to keep an eye on the place till its either sold or bankrupted.
Also unhappy that the reprobates Rosato, Zimmerman et al still have jobs, they need to go If there is going to be a genuine turnaround.
Odd that Lotus have gone from a barrage of useless press releases to absolute silence..............
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V8 FOU
722 posts
16 months
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One would guess that there is a lot of damage limitation and clearing up after the Bahar departure.
Word is that everything is back on track. The new Esprit WILL be produced. That is,however from a Lotus rep and a dealer......
Keeping quiet is probably not a bad idea really. No news is good news????!!!
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Scuffers
10,408 posts
143 months
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likewise...
I would suspect the top priority is to sort out relation with the supply chain, so that they can actually make the cars people are waiting for...
I would also suggest we have had more than enough press releases from Lotus for the next 10 years already!
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dkturbo
Original Poster
85 posts
30 months
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Bit off topic but as I started this thread I think I'm aloud. Dug out sales figures by month for Lotus since Bahar started. 2010 average 50 cars a month, 2011 average 20 a month, full chart is here: http://nitroaddiction.co.uk/ So in one year he crashed the sales by 60%. Nice one.
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bobo
1,056 posts
147 months
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or perhaps... those sales coincided with the rags saying how the evora's gear change didn't work or the fit and finish wasn't up to scratch, bits falling off ? or that the car was over priced for what it was ? or perhaps the car was slower than its nearest rivals ? too much common sense for a lotus thread ??? yes probably ... dkturbo said: Bit off topic but as I started this thread I think I'm aloud. Dug out sales figures by month for Lotus since Bahar started. 2010 average 50 cars a month, 2011 average 20 a month, full chart is here: http://nitroaddiction.co.uk/ So in one year he crashed the sales by 60%. Nice one.
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RYH64E
3,089 posts
113 months
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bobo said: or perhaps... those sales coincided with the rags saying how the evora's gear change didn't work or the fit and finish wasn't up to scratch, bits falling off ? or that the car was over priced for what it was ? or perhaps the car was slower than its nearest rivals ?
too much common sense for a lotus thread ??? yes probably ... Hasn't the press been saying things like that for the last 30 years? Bits falling off was a criticism back in Chapman's day, and fit and finish have never been great.
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bobo
1,056 posts
147 months
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CORRECT ! ... that might just be why the co has always historically run at a loss .... by jove we might be onto something !!!!! ahhh then again probably not .... lol . RYH64E said: Hasn't the press been saying things like that for the last 30 years? Bits falling off was a criticism back in Chapman's day, and fit and finish have never been great.
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Captain Muppet
5,937 posts
134 months
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bobo said: or perhaps... those sales coincided with the rags saying how the evora's gear change didn't work or the fit and finish wasn't up to scratch, bits falling off ? or that the car was over priced for what it was ? or perhaps the car was slower than its nearest rivals ? too much common sense for a lotus thread ??? yes probably ... dkturbo said: Bit off topic but as I started this thread I think I'm aloud. Dug out sales figures by month for Lotus since Bahar started. 2010 average 50 cars a month, 2011 average 20 a month, full chart is here: http://nitroaddiction.co.uk/ So in one year he crashed the sales by 60%. Nice one. When did the 2ZZ that powered the fast Elises and all versions of the Exige and 211 stop being legal to sell in Europe? Was it the start of 2011? Oh yes, that would be it. dkturbo - you should do climate analysis, all sorts of unrelated data you could imagine links between. You know that CO2 emissions have been rising at the same rate as tampon sales? It's true. Bloody women.
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dkturbo
Original Poster
85 posts
30 months
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Bits falling off....yea true, I mentioned somewhere else that I test drove a Lotus and the wing mirror fell off in my hand. Maybe old Dany just sank an alrady sinking ship!
DK Turbo
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Scuffers
10,408 posts
143 months
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Lol!
There's some rubbish spouted here.....
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dkturbo
Original Poster
85 posts
30 months
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Captain Muppet said: dkturbo - you should do climate analysis, all sorts of unrelated data you could imagine links between. You know that CO2 emissions have been rising at the same rate as tampon sales? It's true. Bloody women. Yes you could overlay all the data relating to all the comments in this thread. Thing is the red trendline would be exactly the same. Large car companies overcome these issues and problems every week in an effort to hit their market share, volume and profit objectives, no excuses. Lotus didn't, which culminated in sales dropping. DK Turbo
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bertie
5,622 posts
153 months
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I'm not commenting on all the shenanigans...here's my prediction of the next 5 years.......
Eprit gets sorted and launched, others 5 models get forgotten.
Elise gets a real proper update.
Evora bobbles on a while being rather too expensive then gets replace by updated version styled like Elite.
What you reckon?
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crofty1984
9,876 posts
73 months
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Captain Muppet said: dkturbo - you should do climate analysis, all sorts of unrelated data you could imagine links between. You know that CO2 emissions have been rising at the same rate as tampon sales? It's true. Bloody women. Pun intended? Urgh.
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