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Volkswagen to Buy Proton/ Lotus to be Sold!

Discussion in 'British' started by lotustt, Jan 6, 2006.

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  1. lotustt

    lotustt Formula 3

    Aug 28, 2002
    2,026
    Full Name:
    TRM
    #1 lotustt, Jan 6, 2006
    http://biz.thestar.com.my/news/story.asp?file=/2006/1/3/business/13009117&sec=business

    Volkswagen has given up the demand for controlling stake and therefore it looks like the deal will move forward. Lotus ends up duplicating resources and may be sold.

    and......

    http://business-times.asia1.com.sg/sub/news/story/0,4574,181366,00.html

    I hope Lotus can stay together and keep moving forward. The possible sale causes a bit of uncertainty. I hope a strong buyer comes along and lets Lotus continue what their doing on their own with some additional funding to get even better.

    FIxed
     
  2. Auraraptor

    Auraraptor F1 World Champ
    Lifetime Rossa Owner

    Sep 25, 2002
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    Omar
    #2 Auraraptor, Jan 6, 2006
    Links dead
     
  3. ryalex

    ryalex Two Time F1 World Champ
    Consultant Owner

    Aug 6, 2003
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    Ryan Alexander
    #3 ryalex, Jan 6, 2006
    Being their current engine supplier, I wonder if Toyota would buy them? That would be a good sign for long term survival.
     
  4. Koby

    Koby Formula 3

    Dec 14, 2003
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    Jason Kobies
    #4 Koby, Jan 6, 2006
    That is a good thought. This is very worrysome, Lotus on its stride right now so it would be a tragedy to see anything change drastically. Plus I have my eye on an Elise so they better not F that up!!
     
  5. Evolved

    Evolved F1 Veteran

    Nov 5, 2003
    8,700
    #5 Evolved, Jan 6, 2006
    I don'r know about you guys but the elise seems to be a flop.

    They just sit on the lot.

    It was a hit car for a limited time
     
  6. iceburns288

    iceburns288 Formula 3

    Jun 19, 2004
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    Charles M.
    #6 iceburns288, Jan 6, 2006
    I think it's more of a case of Lotus trying to make too many (996-style) than them not being popular.
     
  7. Dino Martini

    Dino Martini F1 Rookie

    Dec 21, 2004
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    #7 Dino Martini, Jan 6, 2006
    I hope lotus gets bought by somebody. I like the elise. When I have a huge bank account, Ill go buy a used one..maybe in black or yellow or green. damn
     
  8. Auraraptor

    Auraraptor F1 World Champ
    Lifetime Rossa Owner

    Sep 25, 2002
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    #8 Auraraptor, Jan 7, 2006
    In a way I hope Toyota buys Lotus. It might help make Toyotas a little more fun to drive with better steering feel.
     
  9. ma51

    ma51 Rookie

    Dec 15, 2005
    10
    #9 ma51, Jan 8, 2006
    Amen about the steering feel of Toyotas -- some of 'em are damn near Buick-like. That said, I suspect Toyota would pass on the notion of buying Lotus. They're one of the few automakers today that hasn't bought anyone else.

    With good reason. They're doing a great job creating entirely new brands out of thin air.

    __________________
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    Performance-car news, reviews, and history
     
  10. Koby

    Koby Formula 3

    Dec 14, 2003
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    Jason Kobies
    #10 Koby, Jan 9, 2006
    You are right, but I have no idea why. It might just not be the right car for this country where most would consider a Honda Accord v6 sportier because it has more hp. :rolleyes: Also the Elise is very small and in a world of SUVs it can be pretty intimidating.

    Many comments I've heard is that it is overpriced. To me it is the bargin of the century-- 7/8's of a Ferrari at 1/4 the price. So in that regard, cars sitting on lots is a GREAT thing, but only if they can stay in business and keep sending them here.
     
  11. DMOORE

    DMOORE Formula 3

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    #11 DMOORE, Jan 9, 2006
    I think the real problem with the Elise is the price. 40k isn't exactly pocket change. Most people see the Elise as a weekend toy, and at that price there are a lot of other cars that offer more of an all around (more usable) package.
    For me, I love the car, but at 40k it's just a tuff sell.
    Darrell.
     

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