Tag Archives: Dany Bahar

Lotus sues ex CEO for extravagant lifestyle, lavish expenses

Earlier this, Lotus’ ex-CEO Dany Bahar sued Lotus and Malaysian parent company DRB- Hicom for 6.7 million pounds for a wrongful dismissal. Well, Group Lotus has now responded with their own lawsuit saying that Bahar had stuck them with expensive bills for his luxury lifestyle including a chauffeur, helicopter travel and 10 wristwatches. Lotus is […]

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Report: Ex-CEO of Lotus, Dany Bahar suing Lotus for $10.6 million

Lotus’s ex-CEO Dany Bahar has recently just filed a lawsuit against the British sports car brand, claiming that Lotus and its Malaysian parent, DRB-Hicom Bhd. was wrongful in their dismissal. Bahar is specifically suing Lotus for 6.7 million pounds, or $10.6 million for an alleged unlawful early termination of his employment. “Dany Bahar was dismissed […]

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Lotus Evora GTE

Lotus not coming to 2012 Paris Motor Show

About two years ago, Lotus and its then CEO Dany Bahar, circled every auto show circuit to show off their grand 6-vehicle launch plan. The company started making rounds at major auto shows with 6 concepts starting with their debut at the 2010 Paris Motor Show. Well, two years later, Lotus is now pulling out […]

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Lotus CEO Dany Bahar has been fired

Lotus has confirmed that Dan Bahar has been officially terminated from his position as Chief Executive Officer of Lotus with immediate effect. The news comes just days after Bahar had been suspended from leading the company. “The decision was made by the Board of Group Lotus plc following the results of an investigation into a complaint […]

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Report: DRB-Hicom has no plans to sell Lotus despite CEO’s suspension

Following the suspension of Lotus Group CEO Dany Bahar on Friday, the owners of the company said that they have no plans to sell the sports car maker. Speculation had started following Bahar’s suspension that owner DRB-Hicom is preparing to sell the unprofitable brand. DRB-Hicom purchased Proton, which owns Lotus, earlier this year. “We acknowledge that […]

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Lotus Group CEO Dany Bahar

Lotus CEO suspended for misconduct, will he be fired?

This just in – Lotus Group CEO Dany Bahar has been suspended from his role due to misconduct, owner of the sports car brand DRB Hicom said. The move comes just minutes after speculation of Bahar’s future at Lotus. Story goes that Bahar was due at the Monaco Grand Prix today and missed meetings and appointments at […]

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Lotus CEO: Lotus may sell or may spinoff and be publicly traded

Lotus’ new CEO Dany Bahar may be seen as an amateur in the industry, but the man now has 20 months as the head of Lotus under his belt and is looking to make some big moves. Bahar, who quit his top marketing job at Ferrari in 2009 to become CEO of Lotus Cars, has […]

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Lotus wants to be the ‘British’ Porsche

Lotus CEO Dany Bahar has a lot of ambitious plans for the British automaker’s future. For one, he wants Lotus to change its whole philosophy and compete with the likes of Ferrari, Lamborghini and Aston Martin. Having faced criticism from analysts on trying to create a British Ferrari, Bahar now says he wants Lotus to […]

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Lotus considering developing its own V8 and V6 engines for new mdoels

Lotus’ CEO Dany Bahar says that Lotus is planning to power the new Esprit with its own design for a V8 powerplant. He said that Lotus engineers are currently studying the feasibility of production an all-new V8, which would appear on the 2012 Esprit coupe and a V6 for the new Elan and other models. […]

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Lotus celebrates Toyota partnership by giving Akio a special-edition Elise

Lotus today celebrated its relationship with Toyota at a celebration at the British Embassy in Tokyo where Lotus CEO Dany Bahar gifted Toyota Motor Corp’s President and CEO Akio Toyoda with a specially equipped Lotus Elise powered by the latest Toyota 2ZZ-GE VVTL-iengine. “The occasion marked the end of an era and the start of […]

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