Dany Bahar
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Dany Bahar is the name that shall not be spoken in Lotus circles, but the man himself has already moved onto other projects and the first is a new tuning house called Ares...like the mythical Greek god of war. Now based in Modena, Italy—a location already familiar to Bahar from his time at Ferrari—Bahar brings with him several personnel key to his previous Lotus plans, including a designer and selection of managers. Among the new team is 26-year old designer Mihai Panaitescu who previously helped with four of the five future-Lotus proposals conceptualized under Bahar's tenure at...
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Lotus Sues Ousted CEO Dany Bahar For Unauthorized Expenses
In June of this year, Malaysia’s DRB-Hicom, the owner of Lotus’ parent company Proton, and subsequently the owner of Lotus, fired the British sports car manufacturer’s CEO Dany Bahar. It was announced that the decision to fire Bahar and several other executives was based on the...
Viknesh Vijayenthiran -
Dany Bahar Files $10 Million Wrongful Dismissal Claim Against Lotus
In June of this year Dany Bahar was fired from his role as CEO of Lotus following the results of an investigation made by the board of Lotus’ parent company, DRB-Hicom. Now Bahar has hit back by filing a claim against DRB-Hicom for wrongful dismissal in a Malaysian court. As part of the...
Viknesh Vijayenthiran -
Lotus CEO Dany Bahar Fired
Following a suspension last month amid an investigation into misconduct--likely related to his use of company funds to extensively refurbish his several houses--Lotus CEO Dany Bahar has been fired, effective immediately. The announcement, made in a release by Group Lotus, Plc, said the decision to...
Nelson Ireson -
Lotus CEO Dany Bahar Suspended For 'Conduct'
An official statement released today confirmed that earlier rumors of Lotus CEO Dany Bahar's suspension were in fact true--though the only reason given for the suspension was a matter of "conduct." The suspension is termed temprorary in the statement from DRB-Hicom, which recently acquired Lotus'...
Nelson Ireson -
Lotus CEO Bahar Seeking Buy-Out Partner: Report
Concerned that Proton will sell off Lotus, CEO Dany Bahar is actively seeking investment partners to buy out the Hethel-based automaker.
Kurt Ernst -
We’ve known for some time that Lotus was working on a new V-8 engine for its upcoming Esprit supercar, even word that the automaker was pulling funding from other projects to ensure that both the new engine and the supercars that it will eventually power are truly world class. Now the first specs for the future engine have been revealed, including news that its ‘modular’ design may spawn a smaller four-cylinder unit. The V-8 version of the engine will reportedly develop a peak output of 562 horsepower and displace 4.8-liters. As mentioned, it will first appear in the Esprit...
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Lotus Esprit Coming In 2013 With Unique 570-Horsepower V-8: Report
The 2013 Lotus Esprit is to be the first of a new-generation of luxurious sports cars from one of the most renowned performance marques in the industry. Styled under the watchful eye of former Ferrari designer Donato Coco, the new Esprit has already been previewed in concept form and is destined to...
Viknesh Vijayenthiran -
UK Rejects Lotus Funding Request, Increases Uncertainty For New Models
Lotus has some very ambitious plans--too ambitious some might say--to launch up to six new models between now and 2015, as well as start in-house development of its own powertrains. Remember, this is a company that currently builds only a trio of very niche sports cars. Lotus is the first to admit...
Viknesh Vijayenthiran -
Report: Lotus Continuing To Update Lineup Before Arrival Of New Models
We know that Lotus is planning an extensive model overhaul, starting with a brand new Esprit supercar in 2013. However, that leaves a couple of years in between that Lotus’ current lineup will have to endure. To keep sales--and profit levels--humming along in the meantime, Lotus will...
Viknesh Vijayenthiran -
New City Car To Be Built By Lotus, Proton And One Other Automaker
Back at September’s 2010 Paris Auto Show Lotus unveiled a new minicar concept simply dubbed the City Car, confirming the automaker’s intent to venture into new territory--both in terms of price and vehicle category. Along with the unveiling of the City Car concept, Lotus also announced...
Viknesh Vijayenthiran -
Lotus Hires Former Ferrari And BMW Execs
In the past couple of months Lotus has unveiled a total of six new concept cars, all of which the automaker claims are production-intent designs. Not only that but the automaker has also previewed a range of downsized engines and advanced hybrid technology so it’s safe to say things must be...
Viknesh Vijayenthiran -
Bahar replaces Mike Kimberley, who resigned in July.