Bahar Suspended

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Hedgerley

Original Poster:

620 posts

269 months

Friday 25th May 2012
quotequote all
Oh dear. I wonder what the review has uncovered. But innocent until proven guilty I guess.

http://www.eveningnews24.co.uk/news/business/group...

Hedgerley

Original Poster:

620 posts

269 months

Friday 25th May 2012
quotequote all
The EDP page has just been removed for some reason but the news is doing the rounds -

http://www.eveningnews24.co.uk/news/business/group...

The original piece did say temporarily suspended which is the right thing to do whilst investigations are under way. As for why, I've given up speculating - there are so many permutations given Lotus' recent travails it makes my head hurt.

Its a real shame given all the rave reviews of the Exige S and the Evora GTE as well as their success on track in various formulae.

Hedgerley

Original Poster:

620 posts

269 months

Friday 25th May 2012
quotequote all
Scuffers said:
why?

the two cars you mention had stuff all to do with Danny-boys masterplan...(and whilst we are here, what "their success on track in various formulae" are you on about?)
I am not claiming they were Scuffers - I was referring to Lotus generally, not Dany per se. Regardless of yours/my views on Dany, the fact is that Hethel is producing some outstanding cars at the moment (I forgot to mention the Elise S is getting rave reviews as well), the best in the world in their segment if the motoring press are to be believed.

And as for the on track success (and yes I accept most are in name only), the results in F1, GP2, GP3 and most recently GT4 have seen the Lotus name up at the front of the grid and on the podium (notwithstanding the Indycar debacle, although I read Alesi has actually qualified for the Indy 500).

This can't be a bad thing, surely?

The point is that only outstanding product will secure the future of the car side of the business and on recent evidence Lotus are succeeding, with great hopes for the new Esprit. Whether you or I believe Dany is responsible or not is irrelevant to that fact.

Hedgerley

Original Poster:

620 posts

269 months

Saturday 26th May 2012
quotequote all
Well I try my best....

And as for the success of ACTUAL Lotus product and an ACTUAL Lotus team Scuffers - this is really happening. We should rejoice!

http://www.lotuscars.com/gb/news/racing/evora-gt4-...

Here's the Malaysian take on Thursday's Board meeting -

http://www.btimes.com.my/Current_News/BTIMES/artic...

So, he has been suspended by Proton, not DRB and only until the end of the review. Odd. I think its significant that the Group MD resigned on the same day. The financing bit is worrying - were Dany and the Group MD in cahoots?

However, tucked away in the piece is another decision made at the Board meeting - that the Board "had decided not to sell its stake in Lotus".

Whether that's a good or bad thing will no doubt be debated, but hopefully it brings some stability for the guys at Hethel. With or without Dany!

Edited by Hedgerley on Saturday 26th May 01:27