Lotus Delivers Radical Financial Turnaround

Lotus Delivers Radical Financial Turnaround Image Credit: Lotus Media

• Profit Before Tax improvement of £10m in second half of FY 2016/17
• Positive EBITDA of £2m for FY 2016/17 (up £18.2m)
• Sales up 57% in mainland Europe and six-fold sales growth in North America
• Lotus is now self-sufficient and sustainable, and on target for full year Profit Before Tax for FY 2017/18

 Marking a major milestone in the history of Lotus Group International Limited (LGIL), the company finishes the financial year 2016/17 on plan. Lotus closed the year with positive EBITDA of £2.0m, a major achievement compared to 2015/16 where a £16.3m EBITDA loss was recorded.

New Lotus Driving Academy Opens At Hethel

New Lotus Driving Academy Opens At Hethel Image Credit: Lotus Media
 

• Unbeatable driving courses from entry level through to the coveted Lotus License
• Held at the home of Lotus using the latest Exige and Elise sports cars
• Courses start from 12 August 2017

Drivers seeking the opportunity to experience the latest Lotus sports cars at the famed manufacturer’s facility in Norfolk, will now have the chance, with the opening of the new Lotus Driving Academy in August 2017.
From as little as £119 for the entry level experience, right through to the intensive ‘Gold’ course at £899, the Lotus Driving Academy offers a range of experiences suitable for anyone looking for a more involving and informative track session that will enhance and hone their driving skills.

Lotus Evora Sport 410 GP Edition Salutes US Launch

Lotus Evora Sport 410 GP Edition Salutes US Launch Image Cretit: Lotus Media 

• Lightweight as standard: from 2,910 lbs & 0-60 mph in 3.9 secs
• 132 lbs (60 kg) lighter than the already impressive Evora 400
• Evora Sport 410 GP Edition by Lotus Exclusive
• Aerodynamic downforce of 140 kg at top speed
• Fastest, most focused Evora on sale in US this summer

Continuing the runaway success of Lotus’ return to North America, the legendary British Sportscar maker has unveiled a unique Evora Sport 410 in one of the company’s most famous liveries, as order books open for the sensational sports car in the US and Canada.
 

New Lotus Elise Sprint Less Mass More Lotus

New Lotus Elise Sprint Less Mass More Lotus Media Credit Lotus Media
 

• New iteration of hand built Lotus sports car launched with Sprint edition
• Sprint adds carbon fiber to cut 41 kg and hit 798 kg dry weight
• New front and rear design, and significant interior upgrades
• Available to order from Lotus dealers now

Evolved, energized and even lighter, a significant update for the legendary Lotus Elise has been unveiled ahead of its arrival in showrooms this spring.
Pride of place in the latest Elise line-up is the new Sprint edition, capturing the spirit of Lotus by offering the latest in efficient engineering to deliver a car that sets the standard at under 800 kg. Featuring a host of weight-saving items as standard, as well as the Elise's distinctive new styling, the new Lotus remains true to the company’s founding principles. Benefitting the range as a whole, all new Elise editions receive the car’s new look and new interior options, and every single one of the Sprint’s lightweight components can be specified on the standard Elise Sport and the Elise Sport 220 variants.