Not long ago, Group Lotus plc has confirmed that, Mr Dany Bahar has been officially terminated from his employment as Chief Executive Officer (CEO) of Group Lotus with immediate effect from suspend stage. 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 ...
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Dany Bahar Suspended as Group Lotus CEO by Proton
Today, Proton has confirmed that the Chief Executive Officer of Group Lotus plc, Dany Bahar has been temporarily suspended from his role to facilitate an investigation into a complaint about his conduct made by Lotus’ penultimate parent company, DRB-HICOM Berhad. Based on the Press Release, Dato’ Lukman Ibrahim, Mr Mohd Khalid Yusof and Mr Aslam Farikullah (representatives of ...
Read More »CEO Dany Bahar Looking For A Buyer For Lotus After Proton Taken Over?
The Malaysian Automaker, Proton was taken over last month by DRB-Hicom which naturally triggered uncertainty to Lotus which is currently owned by Proton. Although it’s not first time we hear that Bahar is looking for a buyer for Lotus. However, there are reports this week out of London indicate that the CEO of Lotus – Danny Bahar is ...
Read More »Lotus Cars Limited Signs A Syndicated Financing Facility With Six Financial Institutions In Malaysia
Last Friday, Lotus Cars Limited signed an agreement for facilities amounting to £270 million extended by a syndicate of six financial institutions in Malaysia. The agreement was signed by Group Lotus Chief Executive Officer Dany Bahar which held at the Proton Centre of Excellence in Shah Alam, Selangor, Malaysia. The six financial institutions acting as lenders are CIMB Bank, ...
Read More »Lotus City Car Launch 2013, exclusive interior revealed
Lotus City Car previously revealed it’s small concept of city car in Paris Motor Show this year as well as, recently in the Kuala Lumpur International Motor 2010. Lotus, has announced that this concept car will launch in October 2013. The Lotus City car is an inheritance of the Proton EMAS concept. As for Lotus, the small size smart city ...
Read More »Lotus-Renault 2011 Driver – Felipe Massa ?
F1 2011 Line up Team Engine Driver Driver Red Bull Renault Webber (confirmed) Vettel (confirmed) Mclaren Mercedes Hamilton (confirmed) Button (confirmed) Ferrari Ferrari Alonso (confirmed) Kubica (possible) Mercedes Benz Mercedes Rosberg (confirmed) Schumacher (confirmed) Lotus Racing? (Renault) Renault Massa (possible) Petrov (possible) Force India Mercedes Sutil (possible) Di Resta (possible) Williams Cosworth Barrichello (likely) Maldonado (Likely) Sauber Ferrari ...
Read More »Lotus gets the last Toyota 2ZZ-GE engine
[singlepic id=3854 w=630 h= float=] The last unit of Toyota 2ZZ-GE VVTL-i 4 cylinder engine is built for Lotus Cars. Lotus CEO Dany Bahar and Toyota Motor Corporation President Akio Toyoda came together at the British Embassy in Tokyo for a ceremony where Toyota was presented with a Lotus Elise R carrying the 2ZZ-GE engine. Both companies’ partnership has now marks ...
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