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Lotus bows out of Paris Motor Show

The plan put forth by former Lotus CEO Dany Bahar was to explode the British brand into the high-dollar sports car segment and directly challenge its marquee names. The first explosion came with the surprise introduction of five concepts at the 2010 Paris Motor Show. What has continued to surprise, though, is that the explosions haven't stopped: parent company Proton has had troubles leading to a reworking of its Formula One involvement, its IndyCar effort has had a rough ride, Proton's sale to Malaysian conglomerate DRB Hicom led to a production stoppage, and while the company was reassured that it wouldn't be sold, Bahar was shown the door - along with four of those Paris concepts, as far as we can tell. Yet the company is still making highly regarded cars and going racing.
So it shouldn't be all that surprising that, according to a report in Car and Driver, Lotus won't be attending this year's Paris Motor Show at all. Lotus didn't have much to show off at the Geneva Motor Show or the New York Show as all development was halted for two months, and the new corporate owner and new CEO installed by that owner are still working through the details of its niche English property. We will hope this is nothing more than a step in the reorganization, and look forward to seeing the Hethel firm again in Los Angeles or Detroit.

Lotus Emeya electric sedan revealed like a sleeker Eletre

The number of four-door models in the Lotus line has doubled with the reveal of the Emeya electric sedan. Not surprisingly, it looks very much like the Eletre SUV, just lower and sleeker. The yellow and black debut color just emphasizes that fact, too. What is a bit surprising is the surprising lack of concrete details on the car. We really do mean it when we say this looks like the Eletre. The Emeya utilizes almost the same lines at every point, from the pointy, angry nose to the curvy flanks. But on the whole, the lower height and less overall visual mass makes it a much more successful design. It also adopts the active grille shutters, diffuser and rear spoiler like the Eletre. One thing that does differentiate the exterior of the Emeya is the use of dual running lights on each end of the front fascia. The Emeya's interior again is a near carbon copy of the Eletre's. A single screen is the focal point with an angular dual-cowl dash board surrounding it. A small screen is nestled in the dash behind the steering wheel to provide basic driving information. Extensive use of leather and faux suede is featured throughout. Specifications on the Emeya are lacking detail. It will be available in a dual-motor all-wheel-drive configuration that can reach speeds topping 155 mph. The motors will also get it to 62 mph in a claimed 2.8 seconds. It can take advantage of 350-kW-capable fast chargers, as well. The whole car also rides on an adaptive air suspension. But actual horsepower, torque, battery capacity and much more haven't been given.  The Emeya will go into production sometime next year. Naturally, pricing hasn't been announced, either. Being smaller than the Eletre, it may end up being a bit less costly. Stay tuned for more of that information closer to production. Related video:

Lotus to layoff a quarter of its workforce

Lotus has issued a press release to day, wherein it indicates that a "need to both reshape its organisation and to reduce costs" may result in the loss of "up to 325" jobs. That's a fairly significant number of layoffs for any company, but considering that Lotus currently employs 1,215 people (per the company's bio in the same release), it could mean a full 25-percent of the automaker's workers could soon be sharpening their resumes.
CEO Jean-Marc Gales says in the statement that Lotus has "worked very hard to avoid the need to make this proposal," but admits that it is now "essential" to the future of the company. The chief indicates that post-restructuring, he expects Lotus to be a "leaner" and "more competitive" organization, one which - and we can all see a little silver lining here - is focused on "producing class-leading sports cars and innovative engineering."
The 325-job number appears to be soft at this point, with the statement indicating that some negotiation about which and how many posts will be cut is yet to come. Further, the company may "redeploy" some employees, and may even recruit new blood for "key roles," all with an eye toward running the strongest possible team going forward. Though, we imagine that the recruitment bit won't fly well for those employees getting the sack.