Who owns Lotus?
Lotus Cars Limited is a British automotive company headquartered in Norfolk, England which manufactures sports cars and racing cars noted for their lightweight and fine handling characteristics. Lotus Engineering Limited is an offshoot of Lotus Cars, which provides engineering consultancy to third-party companies primarily in the automotive industry. As well as Hethel in the United…
Lotus Cars Limited is a British automotive company headquartered in Norfolk, England which manufactures sports cars and racing cars noted for their lightweight and fine handling characteristics.
Lotus Engineering Limited is an offshoot of Lotus Cars, which provides engineering consultancy to third-party companies primarily in the automotive industry. As well as Hethel in the United Kingdom Lotus has engineering centres in Ann Arbor, USA, Kuala Lumpur, Malaysia and Shanghai, China.
Who owns Lotus?
Lotus Cars was founded and owned for many years by Colin Chapman. After his death and a period of financial instability, it was bought by General Motors, then Romano Artioli, and DRB-HICOM through its subsidiary Proton. It is currently majority owned by Chinese multinational Geely, with Etika Automotive as a minority shareholder.
As at now, organized as Group Lotus plc, the business is divided into Lotus Cars and Lotus Engineering. As well as sports car manufacture, the company also acts as an engineering consultancy, providing engineering development, particularly of suspensions- for other car manufacturers. Lotus’s powertrain department is responsible for the design and development of the 4-cylinder Ecotec engine found in many of GM’s Vauxhall, Opel, Saab, Chevrolet, and Saturn cars.
