Lotus Cars History

The British sport car manufacture, Lotus Cars,wealthy man who had experienced great success
creates high performance cars and car parts in itsfrom his cars on the Formula One circuits. Building
England factory. First established in the earlythousands of highly successful cars and winning
fifties, the company was founded by Chapman,the F1 championships seven times, Chapman was
an engineer who named the new motor companyresponsible for a truly success company and
Lotus Engineering Ltd. Two years after theracing group.
formation of the company, the group segmentedAfter initially buying Lotus in the mid eighties, GM
into two, with the team Lotus competingsold off the company in 1993 to a holdings
successfully in F1 racing for many decades. Sevencompany owned by the Bugatti motor company,
years after its initially formation the LotusArtioli. The selling price was thirty million pounds,
company was evolved into the Lotus groups oflater seeing Artioli sell a major stake of the
companies, composing of the road car gearedcompany to Proton. Proton, a Malaysian based car
section - Lotus cars Ltd, and the performance carmanufacture was established in 1983, controlled
section of the group - Lotus Components' Ltd.by the former PM, Mahathir Mohamad.
Using parts of the old RAF base runway, the newA lucrative aspect of the Lotus business is its
factory and testing area is located in Hethel, afterconsultancy services for other car and motor
moving to the new location in the famous yearmanufactures who seek help with suspension and
for the English, 1966. In the late fifties theengines. Often behind the development of the
company had also relocated to a modern andfour cylinder engine found in many other makes
bespoke facility in Cheshunt. The founder of theunder the GM umbrella, Lotus has developed
orginal Lotus Company, Chapman, sadly passedengines for Vauxhalls and Saab cars, although
away in his mid fifties from a heart attack. Havingoutsourcing from Toyota for the iconic Elise
transformed not only his beloved company, butmodel. Currently Lotus is split into two groups, the
also his life, Chapman went from a modestLotus Cars Group, and the Lotus Engineering
beginning as an inn-keepers child to an extremelyGroup.