Lotus announces 31pc rise in global sports car sales

Vince Cable, business secretary is driven round the track during his visit to Lotus at Hethel. Picture: Denise Bradley Vince Cable, business secretary is driven round the track during his visit to Lotus at Hethel. Picture: Denise Bradley

Friday, July 4, 2014
9:40 AM

Bosses at Group Lotus today announced a 31pc rise in global sports car sales for the first financial quarter of 2014.

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It said it sold 505 cars between April 1 and June 30 - compared to 386 for the same time last year.

And the EDP Top100 firm said it helped deliver the best first financial quarter results for three years. June sales of 192 cars were also at a four year high.

The highest increase in sales was in France, Germany, Switzerland, and Japan and the firm attributed the improved performance to increased demand for all three vehicles in the Lotus range - the Lotus Evora, Lotus Exige and Lotus Elise.

And it reflects the company’s plans to further expand and strengthen its global dealer network with new Lotus dealerships expected in the coming months.

Chief Executive Officer, Jean-Marc Gales, said: “This is excellent news for Group Lotus plc and our parent companies PROTON Holdings Berhad and DRB-HICOM Berhad. This latest performance is indicative of Lotus’ commitment to ensuring more drivers have the opportunity to own one of the best sports cars in the world.”

3 comments

  • That's what I like, a good positive reaction to good news in the region, not a moan or whinge to be seen. Good old Norfolk!

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    PaulWho

    Friday, July 4, 2014

  • Front page news? I don’t think so. My company has been consistent in its growth over the past 17 years and has been profitable every year, turnover (£6m) & profit have increased by over 50% in the last two years and we have been winners in four major industry awards in the last 12 months – yet can we get the EDP to report it – NO. However, good old Lotus issue a press release saying that they have made an extra 119 of their loss making cars and its front page news!!!

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    Voice of Reason

    Friday, July 4, 2014

  • Does this mean that their losses will be increasing by 31% as well?

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    Norfolk John

    Thursday, July 3, 2014

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