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Agem

Original Poster:

132 posts

51 months

[news] 
Friday 5th October 2012 quote quote all
http://www.autoblog.com/2012/10/04/lotus-esprit-ca...
Dead-er than a tin of spam.........
Mike

SV8Predator

2,029 posts

51 months

[news] 
Friday 5th October 2012 quote quote all
UPDATE: And this, friends, is why we have this story with a question mark and a Rumormill tag – Lotus is denying that the Esprit has been killed off.

Agem

Original Poster:

132 posts

51 months

[news] 
Saturday 6th October 2012 quote quote all
Having been waiting for the "2nd coming" for quite some time now, one wonders if who ever now owns Lotus wants to take the chance?

Stop it now, lose a shed full of money.......or produce it, to fight the R8/GTR/BMW/Porsche's etc & lose 10 sheds full of money!

Mike

PearlGarden

28 posts

28 months

[news] 
Saturday 6th October 2012 quote quote all
Lotus cars will probably be sold for a penny to someone who has been in the background for a while.

Cant wait to see the revised model range: Evora, Exige, Elise and 7!

Agem

Original Poster:

132 posts

51 months

[news] 
Monday 8th October 2012 quote quote all
All Lotus seem to do well is lose money..........why would anyone want to buy them?
Mike
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bobo

1,381 posts

164 months

[news] 
Monday 8th October 2012 quote quote all
bore off you depressing bunch of old farts ...




Edited by bobo on Monday 8th October 17:28

ravon

380 posts

168 months

[news] 
Tuesday 9th October 2012 quote quote all

LaurasOtherHalf

8,366 posts

82 months

[news] 
Tuesday 9th October 2012 quote quote all
ravon said:
Bugger

Toaster

532 posts

79 months

[news] 
Tuesday 9th October 2012 quote quote all
ravon said:
That looks like a tricky one, I guess the nay sayers will say told you so, however companies have climed out of the mire before and gone from strength to strength. On the face of it It's no wonder previous management were booted drawing on £200M of loan yet not stemming the underlying cash bleed giving away cars etc etc etc but then again we can only second guess the real business plan at that time and can only double guess the outcome here. The whole Motor industry does have its problems like most other industries at this time I dont think its just Lotus.

Toaster

532 posts

79 months

[news] 
Tuesday 9th October 2012 quote quote all
bobo said:
bore off you depressing bunch of old farts ...




Edited by bobo on Monday 8th October 17:28
Agreed, AGEM has a deplorable picture on his profile he copied from a web site, claims he spoke to the guy driving it before it crashed on another post..........

Great Pretender

24,768 posts

100 months

[news] 
Tuesday 9th October 2012 quote quote all
bobo said:
bore off you depressing bunch of old farts ...
Tell me, what's it like on your planet?


Tuna

4,785 posts

170 months

[news] 
Tuesday 9th October 2012 quote quote all
It's a complete guess here, but I don't think DRB actually have that much money. Lotus were halfway through a major restructuring when they were bought and you can't just turn off the tap in the middle of something like that and expect everything to be normal.

DRB appear to be juggling debts and hoping the banks will bail them out - that doesn't seem to me to be the actions of a well financed owner. Was throwing out Bahar just an attempt to distance themselves from the debt in the hope that the banks who're actually funding the company would pay up?

Certainly, if DRB can't finance getting cars out the door, then the only way is down from here. Are they hoping for bankruptcy so they can offload Lotus? After all, they only got the lads at Hethel by accident when they bought Proton.

bobo

1,381 posts

164 months

[news] 
Tuesday 9th October 2012 quote quote all
Great Pretender said:
Tell me, what's it like on your planet?
Evedently full of negative old farts. Heres a tip, moan when it goes under (as I will) but until then stop complaining and one way speculating. Or go get laid or elope w eachother .... may cheer some of you doom mongers up.

Companies get traded all the time .....which may even be a positive in this case.

Great Pretender

24,768 posts

100 months

[news] 
Tuesday 9th October 2012 quote quote all
bobo said:
Great Pretender said:
Tell me, what's it like on your planet?
Evedently full of negative old farts. Heres a tip, moan when it goes under (as I will) but until then stop complaining and one way speculating. Or go get laid or elope w eachother .... may cheer some of you doom mongers up.

Companies get traded all the time .....which may even be a positive in this case.
Well I'm quite happy in my sex life- ecstatic in fact (I love that new thing she does), but marriage aint my style.

Let me turn the table on you though:

Look at Lotus' car manufacturing arm as viable business and then ask yourself why anyone in their right mind would be keen to take it on? What's it got in abundance other than massive debt and happy-clappy petrol-head spirit (taking the supremely skilled workforce out of the equation for a minute)?

I'm not a doom-mongerer; I'm a realist.

bobo

1,381 posts

164 months

[news] 
Tuesday 9th October 2012 quote quote all
Old fruit with greatest of respect that argument was put forward over 2 months ago, how many threads do we need saying effectivly the same thing ?

Great Pretender

24,768 posts

100 months

[news] 
Tuesday 9th October 2012 quote quote all
bobo said:
Old fruit with greatest of respect that argument was put forward over 2 months ago, how many threads do we need saying effectivly the same thing ?
I agree. But there is really only one answer, hence the response being the same smile

Agem

Original Poster:

132 posts

51 months

[news] 
Tuesday 9th October 2012 quote quote all
I think its "1945/De Bunker" for Hethel.......some will say the Boxster did them the way it TVR. Personal i think the problems were many, much better cars from BIG manufactors whom could give back up & build Q.

The internet ment Lotus total & disgraceful deregard for their (ever smaller) customer base was exposed. Just as everyone else went for downsized engines, they strangly went up.

I think the killer blow was that you had "SUPER" fast Hot Hatch's...4WD Golfs, S3,RS3 TT RS etc..........or GTR/Porsches R8's........Just no way they could fight that, no niches they could fill.

Will anyone (anyone worth while that is) buy them as a car producer?.....China?

Mike

C1RVY

2,242 posts

149 months

[news] 
Tuesday 9th October 2012 quote quote all
TheLastPost said:
Unfortunately, it seems to be becoming ever more apparent that the Elise generation of cars were a momentary flash of brilliance that halted an otherwise inevitable decline. They simply haven't been able to come up with anything remotely as appealing as a follow up: it was the proverbial tough act to follow. frown

It's a pity they had to can the M250, as I thought it was a lot more exciting than the Europa and Evora.
What about this latest Exige??

Autocar reckon its the best car currently on sale.

C1RVY

2,242 posts

149 months

[news] 
Tuesday 9th October 2012 quote quote all
TheLastPost said:
The latest Exige is just the last (probably frown) of the Elise generation cars.

I've no doubt it's a great variant of a great car (I've not driven one yet), but it remains too extreme (and is too expensive) to sell in sufficient numbers save the company in a market already saturated with Elises/Exiges, I think.
I'm pleased to say, i think you're wrong.

The new Exige, if they can get them out the door, would be enough to turn the thing around. It's just what the motoring world wants. It's the sort of product that TVR would be aiming at had they survived. It's certainly not too expensive when you look at other high performance sports cars.

The EVO fodder usual suspects are all double the price, & would never have that specialist exclusivity that the new Exige would have.

All IMHO of course biggrin

LaurasOtherHalf

8,366 posts

82 months

[news] 
Tuesday 9th October 2012 quote quote all
Forgetting al the arguments about product & quality for a moment, forgetting about the engineering arm, the deposits paid on future build cars, the staff, the dealer network, the bahar incident.

Forget all that.

Focus on the few points in the article linked above. They can't pay their suppliers.

They're hoping not to pay the taxman.

And they're hoping not to pay the banks.

The only thing left not to pay us the staff, and from my experience that is exactly what will happen next.

I sure hope it doesn't & not just for the staffs sake, but they're following the well trodden path of thousands upon thousands of businesses that have gone bust.

Believe me I certainly don't want that to happen, even if for the purely selfish reason that I really want a lotus as my imminent next car, but it really doesn't look good.
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