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Yup. God forbid that Proton ever bought Lotus! I mean, without them they would still be operating or perhaps even exist on their own terms. Unlikely.

Speculation and I know better from a group of we know better. makes me chuckle you industrial power houses.

Caught between a rock and a hard place in a catch 22 situation, So its 6 of one and half a dozen of the other. Your damned if you do, but your damned if you don't so shut your cock!!!!!!!!!!!

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I hear Dany's client's clothes are made of the finest silk . So lightweight you can't even see the threads!!!    

Tut tut - they've spelt arse wrong

Wow thats one amazing looking salon. Eat your heart out Nicky Clarke....   Buddsy 

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So correct me if I'm wrong, but there has so far been no clarification as to the precise role/title of the three Malaysian gents or any comments, on or off the record, regarding the supposed intent to "Malaysianize" Lotus? I just haven't read all the press.

Lacking some sort of comment regarding the above is going to invite more criticism than DB ever saw or deserved. One might even be tempted to speculate and start rumors about all the cars now needing to start with "M", like the one about the Ethos being renamed the Malaise and the his and hers trimmed versions of the Eterne, to be named Malord and Malady.

1983 "Investor's Special Edition" Turbo Esprit (#43/50) | 2012 Evora S

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Doubt Ford will buy it, the European division is not doing well. they got rid of Aston Martin a while back, if they wanted to be in sportscars they would have kept that.

Amateurs built the Ark

Professionals built the Titanic

"I haven't ridden in cars pulled by cows before" "Bullocks, Mr.Belcher" "No, I haven't, honestly"

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The plan is/was that the engine and gearbox plus suspension and other components would be shared across all 5 models, in various states of tune depending on the application. The V8 in the mid engined Esprit then the front engined Elite and later the Eterne. A V6 derivative, again all common components, was destined for the Elan with a straight 4 (half the V8) for the new Elise. It was this commonality across the range that made the plan 'affordable' according to DB.

Maybe, but what it does show is DRB's reluctance to follow Bahar's plans for Lotus. Where things go from here is a big concern, presumably DRB are rethinking the strategy, but will the accountants make that decision or will they appoint a new DB with his own agenda?

Both these thoughts raise so, so many questions for me. Such as would a standalone Esprit model ever be profitable (even with development costs written off) when it utilises components that were intended to be purchased in far larger numbers? If a second model was to be added off the component set would it need to use the V8 engine for cost reasons? If the next new car after the Esprit was a more rounded Evora replacement would this need to use a bought in V6 or would it be cost effective to spin it off the V8? Could the Esprit use another engine (either an in house V6 or bought in V6 or V8) without much re-engineering as this was supposed to be a stressed component for rigidity and weight saving?

Given that the 5 model plan looks now to be something of a long shot, I wonder if we will have a steady evolution of the Elise and Exige with one or two flagship models above it. Bottom line though is that without knowing the economics of the platform they've created in detail no one will really know what is possible.

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Rome, the Vatican Gardens, dusk...

Pope Benedict: "Buonasera, Dany, God be with you my son."

Dany: "Good evening, Your Eminence. God's blessings be upon you as well. You have requested my presence in the Gardens."

Pope Benedict: "That is so. We must meet here in the privacy of the Gardens, as our discussion must be of the utmost secrecy. The world is not yet ready to know of our true intentions."

Dany: "As a member of the Swiss Guard, I am sworn to obey your commands and keep your interests protected at all times. This conversation never happened."

Pope Benedict: "The Council and I thank you for your unquestionable loyalty. Our decision to send you out into the world of men was not made lightly. You have certain talents that have been most useful in our pursuit of political and economic dominion. The business of business is business, a trite but accurate saying. Our arrangement with the Malaysians is proceeding according to plan, and we have you to thank for it. You have done well, my son."

Dany: "I am but a cog in the machine, Your Eminence. A bit player in the overall scheme of things, but I thank you for your kindness."

Pope Benedict: "Were the world to know of our collusion with the Muslim powerbrokers in Malaysia, the Mother Church would suffer grievously. No one must ever discover our secret. No one."

Dany: "You may rely on me, Your Holiness. I have exercised the utmost discretion during my stay in England. That I am in your employ would be the furthest thing in the minds of my minions. They have not the imagination to conclude such conjectures. They would consider such a connection beyond preposterous. We are secure in our undertaking."

Pope Benedict: "And it is well that this is so. The Rock of Peter depends upon the unwaivering faithful and their acceptance of the Vatican's guidance in moral matters. If they were to gain knowledge of our business engagements with the Muslim world, one can only speculate as to the financial repercussions to our very existence. The cries of heresy would reverberate throughout the Vatican walls. It must not happen."

Dany: "Forgive my impertinence, Your Eminence, but have you not been repeating this theme throughout our talk? Is there something I have missed?"

Pope Benedict: "No, my dear Dany, you have not missed anything. It has simply been my intention to impress upon you the importance of what is to happen here today. You have performed your task with great distinction, and now that it is complete, God's plan for you must, too, reach its consummation. Go with Christ, my son."

Three members of the Swiss Guard approach swiftly from the Cortili del Belvedere's boxwood labyrinth, lances in hand, dispatching their objective with practiced efficiency. No sound is heard, as they carry away their burden to a pre dug site near the Bramante wall. The Pope has already turned away, making his way back to the Papal Apartments, admiring the fountains and sculptures along the path, knowing the financial position of The Holy See is once more assured.

Being second is to be the first of the ones who lose.

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I think we have to be grounded by the facts we know to date (if memory serves) -

  • DB has been suspended due, according to some reports, to problems with his expenses following a complaint raised by DRB on the back of the reviews they instigated,
  • DRB have clearly stated they have no intention of selling Lotus,
  • A full operational review of Lotus' current performance and future plans has been undertaken by independent third parties (Rothschild and Ernst & Young) which recently concluded. Their initial findings were presented to DRB's Board two weeks ago but nothing is yet in the public domain, apart from DB's suspension,
  • Neither DRB nor Proton (and for that matter Lotus) have yet to announce the conclusions of the audit nor their plans for the future,
  • Some of the banks involved in the funding of Lotus' future plans have claimed some financial covenants underwritten by Proton have been breached,
  • DRB have stated they will continue to support and fund Lotus' day to day activities, including the development of the new Esprit along with the new V8 and gearbox, until they announce their conclusions.

I think its important to note the reason for DB's suspension - it is NOT about his execution of the agreed and funded 5 year plan. Indeed DRB have stated he is welcome back should the accusations prove to be false. This indicates to me that they are reasonably happy with his performance to date 'on the job'. After all, Lotus Group's turnover has increased 39% since 2009 and the key milestones in the first 2 years of the 5 year plan (new track, new trim shop, new factory, rmotorsport etc) have been delivered on time. And three new derivatives have appeared in the last year, all receiving rave reviews and significant order volume. Whilst some argue that these were in the pipeline anyway, their development and delivery have happened on DB's watch. Operationally, DB has done a pretty good job, as have the highly talented team he brought on board 3 years ago.

Whilst we have all speculated about the future (me included), the fact is we have no idea, at this time, about what DRB may or may not do with Proton's 5 year plan for Lotus. I suggest we wait for the official announcement.

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That's no fun. I say we crowdsource our own official announcement and see if we can fool some autosport mag in to publishing it, then sit back and watch the chaos erupt.

1983 "Investor's Special Edition" Turbo Esprit (#43/50) | 2012 Evora S

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  • DB has been suspended due, according to some reports, to problems with his expenses following a complaint raised by DRB on the back of the reviews they instigated,

He's been suspended for a conduct issue. Any mention of expenses is pure speculation.

88 Esprit NA, 89 Esprit Turbo SE, Evora, Evora S, Evora IPS, Evora S IPS, Evora S IPS SR, Evora 400, Elise S1, Elise S1 111s, Evora GT410 Sport

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Has it not been two weeks yet?

"At home, I have a King Sized bed. Now, I don't know any Kings, but I would imagine if one were to come over, he would be comfortable." -Mitch Hedberg

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Tomorrow.

Goes to show Mark that if you see something enough times you take it 'as read'.

88 Esprit NA, 89 Esprit Turbo SE, Evora, Evora S, Evora IPS, Evora S IPS, Evora S IPS SR, Evora 400, Elise S1, Elise S1 111s, Evora GT410 Sport

Evora NA

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Mr. Heath never disappoints, does he?(!)

Scientists investigate that which already is; Engineers create that which has never been." - Albert Einstein

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You big bunch of speculators. Im orf to Le Mans. Bibsy, drop me line when your there if you be goin :) We will be in Houx again :)

Caught between a rock and a hard place in a catch 22 situation, So its 6 of one and half a dozen of the other. Your damned if you do, but your damned if you don't so shut your cock!!!!!!!!!!!

Lotus Espirt Turbo S3    

Lotus Esprit S4 

Lotus Elise S2 Sport 130

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Enjoy your portable hotel room mate! :D

88 Esprit NA, 89 Esprit Turbo SE, Evora, Evora S, Evora IPS, Evora S IPS, Evora S IPS SR, Evora 400, Elise S1, Elise S1 111s, Evora GT410 Sport

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Bahar Dismissed

Norfolk, 7 June 2012 - Group Lotus plc ("Lotus" or the "Company") can today confirm that, Mr Dany Bahar has been terminated from his employment as Chief Executive Officer of Lotus with immediate effect.

The decision was made by the Board of Group Lotus plc following the results of an investigation into a complaint made against him by the company's penultimate holding company, DRB-HICOM Berhad.

The Company today also announced the appointment of Mr Aslam Farikullah as the Company's Chief Operating Officer with immediate effect. Mr Aslam, aged 51, has over 26 years working experience, most of which was in the automotive industry. He graduated from University of Bath, England with a Bachelor of Science (Hons) in Engineering. A British permanent resident, Mr Aslam and his English wife of 27 years have three children aged 26, 22 and 16.

Dato' Sri Haji Mohd Khamil Jamil, Group Managing Director of DRB-HICOM Berhad and also Chairman of Lotus said: "I would like to assure you that we remain committed to ensure the ongoing and future business operations of the Lotus Group as we take the Lotus Group to the next level to remain relevant in the global automotive industry. I look forward to bringing mutual benefits to not only DRB-HICOM and PROTON Holdings Berhad but also the Lotus Group and its employees as well as contribute to the growth of the British automotive industry."

88 Esprit NA, 89 Esprit Turbo SE, Evora, Evora S, Evora IPS, Evora S IPS, Evora S IPS SR, Evora 400, Elise S1, Elise S1 111s, Evora GT410 Sport

Evora NA

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That quote goes a long way to promote the 'British-ness' of Mr Aslam, anyone would think the great British public were a bunch of xenophobes.... oh :huh:

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More about him...

Encik Mohd Aslam bin Farikullah has been Head of Vehicle Manufacturing Projects at DRB-HICOM Bhd since April 2010. Mr. bin Farikullah served as Head of Manufacturing & Engineering and Executive Officer of DRB-HICOM Bhd and also served as its Head of Enterprise Quality & Improvements since 2008. He started his career as Assistant lecturer in uTM. He joined the corporate world through Airod Sdn. Bhd. where he started as Quality Engineer in 1986. In 1989, he worked in England initially as Project Engineer with AE Auto Parts and in 1991, Encik bin Farikullah worked at Denso Marston where his last held position in 2007 as Product Technical Manager, was responsible for automotive engineering solution. He joined DRB-HICOM in 2007 and was seconded to Isuzu HICOM Malaysia Sdn. Bhd. (formerly known as Malaysian Truck & Bus Sdn. Bhd.) as the Chief Operating Officer. Concurrently, he also served as the Chief Operating Officer of HICOM Automotive Manufacturers (M) Sdn. Bhd. (formerly known as Automotive Manufacturers (M) Sdn. Bhd.). He serves as a Director of ZF Steerings (Malaysia) Sdn. Bhd. Mr. bin Farikullah graduated from university of Bath, England with a Bachelor of Science (Honours) i in Engineering and is an Associate Member of the Institution of Mechanical Engineers United Kingdom.

88 Esprit NA, 89 Esprit Turbo SE, Evora, Evora S, Evora IPS, Evora S IPS, Evora S IPS SR, Evora 400, Elise S1, Elise S1 111s, Evora GT410 Sport

Evora NA

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Personally I think this is a real shame. His vision for Lotus was one I had bought into although given the questions over the financing of his plans I expected DRB to clip his wings, not get rid of him altogether. Whatever the reason it must have been serious - the worry is that DB decides to appeal and once again Lotus gets dragged through the courts.

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I fully agree on DB's vision and commitment, but I think this was inevitable. Good to see that there is finally a conclusion.

I find the statement "as we take the Lotus Group to the next level to remain relevant in the global automotive industry" to be very comforting.

Let's all support this step to the next level. Gentleman, start your orders for an Esprit! :band:

Edited by TBD

If you have the choice between a Stairway to Heaven and a Highway to Hell don't forget the Nomex®!

Captain,  Lotus Airways. We fly lower! 

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Yes I also agree Mark, a big shame if it was to do with the huge investment; surely there were otherways of dealing with DB

I really do hope that the new guy keeps to bringing the new Esprit out and we dont go for another new review etc etc

Hope this is the end of the cull and all the big names who DB has brought in can & will stay

Good luck Mr Aslam

Darryl & Sue

Proud to drive and own a true British supercar the Evora GT430

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Yes DB gave us all something to get excited about with the new models but its good that this might now be resolved and after all of the turmoil we might be given insight into the renewed direction soon. I do hope its much of the same, lets wait and see.

chipp

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I'll join the ranks of those hoping to see DB's plan carried on... Esprit needs to see the light of day or Lotus will be a goner! Elite should also be produced as it shares so much with Esprit! Finally Lotus will probably not make it without a sub 40,000 USD in the range!!! So maybe I'm hoping for a four model range Elige, Evora, Esprit Elite!

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Flippin' eck

Sudders and Dany

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