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Lotus CEO sees SUV coming with help from new stakeholder Geely

Lotus boss Jean-Marc Gales sees a lightweight crossover joining the automaker's lineup.
January 12, 2018 05:00 AM

It has been a momentous year for Lotus. Volvo Cars-owner Zhejiang Geely Holding bought a majority stake in the British sports car maker, ending the uncertainty over its future under former Malaysian owner, DRB-Hicom. CEO Jean-Marc Gales, who has spent the last three years fighting to stabilize Lotus' weak finances, said of the company's new Chinese owners: "It is the best thing that could have happened to us." He explained why he's confident that Lotus is ready to enter the premium SUV sector in an interview with Automotive News Europe Correspondent Nick Gibbs.

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