Suedetex Interior Sport Premium Technology Starshield Reverse Camera on 2040-cars

Auto blog

Lotus sells loads more cars, earns way more money

Sports-car company Lotus has reason to be excited. It released some facts on its sales and financial performance for the 2016 and 2017 fiscal year, and it has seen some impressive improvements. According to the company, it sold nearly 60 percent more cars in mainland Europe compared with the 2015/2016 fiscal year, and it sold six times as many cars in the U.S. compared with that year. This helped it go from a loss of GBP16.3 million for the previous year in earnings before interest, taxes, depreciation and amortization (EBITDA) to a GBP2 million profit EBITDA. The fact that those numbers are given before all those extra expenses is noteworthy, though, as it means the company isn't truly profitable yet, despite major gains. The company did report numbers that only excluded tax, and those show the company still lost money. But the good news is that it lost much, much less money than the year before. Before taxes for the 2015/2016 fiscal year, the company lost GBP41.2 million, and this year, it only lost GBP11.2 million. The company expects it will be profitable before tax in the coming year. So Lotus isn't perfectly healthy yet, but this, combined with Geely's recent acquisition, shows it's well on its way to becoming fit as a fiddle. We like the cars Lotus makes, so we hope that things keep getting better, and that we'll maybe get more Lotus models in the future, beyond just the Evora road car and 3-Eleven track car. Related Video: Featured Gallery 2017 Lotus Evora 400: First Drive View 29 Photos Image Credit: Lotus Earnings/Financials Lotus Coupe Lightweight Vehicles Performance

Lotus Evija X track special appears in spy photos at the Nurburgring

Few people would say the Lotus Evija is lacking in performance. It's meant to make just shy of 2,000 horsepower and is light for an electric car at around 3,700 pounds. But apparently Lotus wants to go further. These spy shots reveal a wild track-only special that's clearly labeled the Lotus Evija X testing at the Nurburgring. We're assuming this X will be substantially lighter than a regular Evija. It has a bare carbon body with seemingly fewer individual pieces. The headlights are gone and so are the rear windows. The interior appears gutted, too. That carbon body is far from stock, too. It's much wider and has all manner of downforce-producing add-ons. The front has a massive front splitter and canards and cutouts above the front wheels. The sides even have wide splitters with struts. And the X's crown aero accessory is that enormous wing that rises well above the roof.  The wide body also encompasses fat slick racing tires that are almost certainly not street legal. They bear the Pirelli P Zero name on the sidewalls, and they're wrapped around center-lock wheels. AP Racing brakes are tucked inside. There are of course plenty of questions surrounding the Evija X. It's definitely a track-only machine, but is it a one-off, or is it going to be sold in extremely limited numbers to select buyers? Maybe Lotus wants to take the Evija racing? Though it seems more like a rules-be-damned type of car like the Pagani Zonda R. Or maybe the Volkswagen ID.R, the fastest electric car to lap the 'Ring, would be a closer analogue to the Evija X. The spy photographer that provided these photos said the track was rented out for the day by Lotus, and some sort of notary was on hand, likely to certify a lap time. If Lotus is gunning for an EV lap record there, the Evija R is going to be outrageously fast. The ID.R's time sits at a shocking 6:05.336. And if the Lotus tops it, it would become the second fastest overall car at the 'Ring. We'll definitely be looking forward to more details and an eventual lap time. Related video:

Lotus is building 60 extra light, extra aerodynamic Exige Cup 380s

Lotus is never done adding lightness and once again turned its attention to the Exige. Like so many other special Lotuses, this one, called the Exige Cup 380, makes the same 375 horsepower from its supercharged 3.5-liter V6. However, the weight savings is a significant 117 pounds compared with the 2,447-pound Exige Sport 380. This savings comes from the inclusion of many carbon-fiber parts including a one-piece rear hatch, side intakes, hood, front splitter, side sills, and seats, among others. Lotus also removed the gas struts for the hatch to save 2.2 pounds. And if that's not enough, you can save another 2.2 pounds by choosing the optional HVAC and air vent surrounds, and 22 pounds with an optional exhaust system. The Exige Cup 380 also produces significantly more downforce than the Sport, 43-percent more to be exact. That results in maximum downforce of about 441 pounds at the Cup 380's top speed of 175 mph. The car achieves this thanks to a revised front bumper and splitter, vents above the front wheels, more vents behind the rear wheels, and a new rear wing. Even the windshield wiper rests in a vertical position to aid aerodynamics. The Cup 380 doesn't just benefit from better aerodynamics and less weight. The rear tires are wider than the Sport 380 at 285 mm. The Cup 380 also has two-way adjustable shocks and adjustable front and rear anti-roll bars. Even the stability control can be adjusted to the driver's needs. The car is stopped by four-piston brake calipers at all four corners, and a standard steel roll bar protects the driver. If owners wish, they can also add an FIA-certified full roll cage. Lotus will only build 60 of these Exiges, and they're only available in Europe. They're not cheap either. In the UK, buyers will spend GBP83,000 in the UK and ˆ109,900 in Europe. That means this Exige would cost between $106,000 and $118,000, at current exchange rates. Related Video: