Group Lotus plc · Norwich, Norfolk United Kingdom
Company Description
Phone: +44-1953-608-000
Fax: +44-1953-608-300
View Group Lotus plc Locations On A US Map
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This link will open in a new window Group Lotus is in the pole position to offer what is probably one of the broadest ranges of production sports cars in the industry. From the race-car inspired Exige to the Elise series, the company's Lotus Cars division is sure to satisfy anyone's need for speed. Its Lotus Engineering division consults with other carmakers to take a project from concept to design, development, and testing. Lotus Lightweight Structures (created after the 2008 acquisition of Holden Lightweight Structures) provides aluminum and composite vehicle structural components. About 10% of new cars sold in Europe feature Lotus design or engineering. Malaysian automaker PROTON Holdings Berhad controls the company. To read the full description, subscribe now.
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Key Group Lotus plc Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | March |
| Annual Sales (mil.) | $0.0 |
| Employees | 7,000 |
Group Lotus plc Executives
5 executives listed for Group Lotus plc's Norwich, Norfolk location.
| Title | Name & Bio | Contact |
| CEO | Dany Bahar | Network |
| Director Finance | James Stronach | Network |
| Managing Director, Lotus Engineering | Paul Newson | Network |
Competition
Competitive Landscape for Group Lotus plc
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Group Lotus plc Competitors
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