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Lotus Green Lights New Esprit

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Lotus Esprit

Lotus Esprit

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Lotus is probably in the best financial position it’s been in for years, with its debts about to be cleared and production at full capacity. Focus now turns to what’s in-store for the future and one of the bright spots on the horizon is a new-generation of the Esprit.

According to a new report, Lotus has finally given the green light to a new Esprit. It’s no secret that Lotus has set its sights on performance marques like Ferrari, with its new CEO Dany Bahar working on bringing back the company to a level of competing heads-up against the world's greatest supercars.

Bahar is set to announce a new seven-year plan for the company later this year but the guys at Autocar have already divulged some of its key elements from an inside source.

The source revealed that the new Esprit may not carry the original name and that it’s being designed as a halo model for the brand.

Lotus’ previous CEO Mike Kimberley has previously revealed that new Esprit is being developed together with “a very well respected prestige automaker.” Many predicted that BMW would supply one of its V-8 engines for the new Esprit but Lotus' close ties with Toyota, from which it already sources a number of powerplants, could see advanced Lexus engines used instead.

The 552 horsepower V-10 engine, which is set to debut in the 2011 Lexus LFA supercar next year, would likely be reserved for a range-topping Esprit, while a mid-spec model would get the IS-F’s 420 horsepower V-8 and an entry-level model would pick up a 300 horsepower version of the 3.5-liter Toyota-sourced V-6 from the Evora.

To keep costs down and speed up its gestation, the new Esprit will likely share its chassis with the bonded and extruded aluminum unit underpinning the Evora. Rising development costs and changing requirements, however, have reportedly pushed back the original 2010 release date to 2012. The extra time, however, will allow for both coupe and convertible models--Lotus had originally planned to launch a hard-top only--as well as a possible ‘alternative’ model.

[Autocar]

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Comments (7)
  1. Why Lotus is in good financial positioning and Jaguar is not is because clearly Lotus has a well designed product, true to its heritage, whereas Jaguar is floundering with Asian look-a-likes.
     
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  2. Edward, you couldn't be more right! I went to see the new Jag XJ and although I pretended to be very interested (so as to not hurt any feelings) I was completely disgusted... The previous XJ was bad-ass and now this new model looks, well, let's just say it leaves a lot to be desired.
     
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  3. If there's a car I aspire to have in this world, it's a Lotus.
     
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  4. WHo cares what engine it has - Will it be able to swim underwater and will Hollywood hookers be able to drive them?
     
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  5. bepsf. Now thats funny and yes with a flappy paddle gear box I'm sure Hollywood hookers will be able to drive it.
     
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  6. this news is making me excited and nervous at the same time... i had an old esprit and loved it! id love a new one! but if it disappoints me ill be sad =[.
     
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  7. Now that actually looks like a supercar, unlike the odd and generic looking Evora. Now with Toyota/Lexus supply the powerplant? It could get a tt version of the IS-F V8 or the 4.8 liter V10 that's in the LFA.
     
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