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Jean-Marc Gales has stepped down as Lotus Cars CEO and will be replaced by Feng Qing Feng, chief technical officer of Lotus' owner, Zhejiang Geely Holding Group. Jean-Marc was previously from Mercedes-Benz and the PSA Group.

The new Lotus 3-Eleven 430 has retaken the title as Lotus’ quickest street-legal sports car - a fitting send off for the company’s legendary road racer.

They are the first models announced since Lotus Cars was bought by China’s Zhejiang Geely Holding Group last year. Lotus has also started work on its first SUV and it would arrive one to two years after the sports cars. Lotus hasn’t launched a new car since the Evora went into...

Lotus has unveiled the new Evora GT410 Sport to complete the revised line-up of Hethel’s fastest model.

Geely’s head An Cong Hui, wants Lotus to be a legitimate alternative to some of the best performance brands in the industry. “We are making plans. We want to bring back the heritage of Lotus to be one of the top performers in the luxury sports car segment,” he said. “Lotus used...

Zhejiang Geely Holding Group (Geely Holding) today completed the transaction to purchase a majority stake in the British luxury sports brand Lotus.

Lotus will have a new owner very soon and its Chinese car company, Zhejiang Geely Holding Group, which also owns Volvo. They have signed a deal to buy a majority stake in Lotus from its Malaysian owner, DRB-Hicom, in June, securing the future of the company.

Marking a major milestone in the history of Lotus Group International Limited (LGIL), the company finishes the financial year 2016/17 on plan. Lotus closed the year with positive EBITDA of £2.0m, a major achievement compared to 2015/16 where a £16.3m EBITDA loss was recorded.

Following the successful introduction of the Lotus Evora 400 and Evora Sport 410 to global markets, Lotus has unveiled its most powerful road-going model ever – the Evora GT430.

Geely CEO and billionaire Li Shufu’s first priority is to make Lotus profitable again – the company made money for the first time in 20 years just this year. In an effort to ease production costs, the company could follow Volvo and move its production overseas. Geely shifted...