Lotus Tilts At Ferrari's Crown
New chief exec has five year plan to return Lotus to the glory days
The new chief exec of the Lotus Group Dany Bahar was responsible for Ferrari's global and F1 marketing until a couple of months back, so we're pleased - and not at all surprised - to hear his latest comments about taking Lotus back to the top table.
"Lotus was mentioned in the same sentence as Ferrari, Lamborghini and Maserati in the 1970s to 1990s," he says. "Then it got closed into a corner. We believe it's the right time to bring Lotus back to where it was."
According to reports from within the company, Bahar has cooked up a five year plan to bring Lotus back on a par with Ferrari in terms of product and prestige - with the new Evora being described as the turning point for the brand.
Lotus group managing director Datuk Syed Zainal Abidin Syed Mohamed Tahir (yes, really!) has also spoken to Malyasian media on the subject.
"We believe Lotus's potential is in the branding. If you go across the globe, the brand recognition is very strong but we have not lived up it," he said in an interview with members of the Malaysian media in conjunction with the visit by the Yang Di-Pertuan Agong Tuanku Mizan Zainal Abidin (Malaysia's Sultan) and Tuanku Nur Zahirah (the Sultan's squeeze) to the Lotus plant in Norwich recently.
There's no word from Hethel about how long they had to spend practising those names... but if anyone from PH was there, do let us know!
It hurts me to say it, being a Porsche man obviously, but I think they would find it much easier to take a chunk out of Porsches market, rather than trying to get ideas above their station as 'Supercars'.
No doubt their inclusion in F1 (in name if nothing else), will boost the profile, but it wont make an Evora better than or even equivalent to any current Ferrari/Lambo/Mclaren etc.
Just IMO of course
I think the "corner" that Lotus are backed into, as referred to in the article, is endless special editions of the Elise/Exige. The future direction for the company is to broaden their product range with the Evora and Esprit and re-establish themselves in the market. If they succeed, Lotus will not only have a £150k supercar, but also a £25k sports car, which is something I expect Ferrari would dearly like to do, and Porsche too (they tried with the Boxster, but it's now £30k+).ETA: http://www.proton.com/about_proton/corp_governance...
I think the "corner" that Lotus are backed into, as referred to in the article, is endless special editions of the Elise/Exige. The future direction for the company is to broaden their product range with the Evora and Esprit and re-establish themselves in the market. If they succeed, Lotus will not only have a £150k supercar, but also a £25k sports car, which is something I expect Ferrari would dearly like to do, and Porsche too (they tried with the Boxster, but it's now £30k+).Great news that Lotus will be aiming higher. I just hope the build quality and dynamics can match Lambo and Ferrari.
Just IMO of course
...F1 after a few years of profitability, maybe. But to me F1 seems like a lot of money for smaller return than what it used to get.
ErnestM
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