Quote:
Originally Posted by foosh
This is apparently the way Lotus has recently found it's way to profitability. Their consulting and engineering business is more profitable than the unit building cars to sell under the Lotus brand, which involves high overhead, product liability, and downstream warranty costs.
Companies like Chrysler, Tesla, and others are making the Lotus balance sheet look almost respectable these days.
|
Lotus has tradtionally been an engineering company first. The Road cars were always a way to fund the racing program under Chapman.
__________________
former Lotus Sales
Robert (aka Sith Lord of LBL)
74 Elite 502
05 Elise (Snuffalupagous..RIP  : Laser Blue, Black Leather, Touring Pack, Hardtop )
The Wallaby Will Ride Again
|