– Lotus sales soar for first quarter FY2014/15
NORFOLK, U.K. —- Today, Group Lotus plc is pleased to announce a 31% rise in global sports car sales for the first financial quarter of 2014.
For the period 1 April – 30June the company increased its overall sales volume by 31% to 505 units compared to 386 units for the same term last year. The results which deliver the best first financial quarter for 3 years, also show best June results in 4 years with sales of 192 units.
Key global territories that showed the highest increase in sales were France, Germany, Switzerland and Japan. The improved performance is attributed to increased demand for all three vehicles in the Lotus range being the Lotus Evora, Lotus Exige and Lotus Elise, with industry-leading residual values ensuring that a Lotus purchase is an easy decision.
Lotus’ quarter one figures are reflective of the company’s plans to further expand and strengthen its global dealer network with new Lotus dealerships expected in the coming months.
Lotus’ chief executive officer, Jean-Marc Gales commented, “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.”
Group Lotus plc, wholly-owned subsidiary of DRB-HICOM, is based in Norfolk, UK, and has three operating divisions: Lotus Cars, Lotus Engineering and Lotus Motorsport.
Lotus Cars builds world class, high performance sports cars including the award-winning Evora, the iconic Elise and the stunning Exige.
Lotus Engineering provides comprehensive and versatile consultancy services to many of the world’s OEMs and Tier 1 suppliers and is an internationally recognised automotive engineering consultancy. Global facilities include those in the US, China and offices in Germany and Japan. Lotus is a global high-tech company, committed to driving forward technology for both Lotus Cars and its Engineering clients, spearheading research into such areas as hybrids, electric vehicles and renewable fuels.
Lotus Motorsport builds and develops vehicles for GT racing with the Evora GX, GTC, GT4, and GTS, in addition to racing vehicles such as the Exige V6 Cup, Exige Cup R and Elise Cup cars. PETRONAS is the Official Lubricants Partner for Lotus Racing vehicles competing in various high profile international GT categories. Lotus also competes in F1® with the Lotus F1 Team, racing in the iconic Black and Gold Livery.
Lotus Licensing & Merchandising Group Lotus currently holds licensing agreements with companies including Microsoft, Sony, Ubisoft, and Gameloft for electronic entertainment and Scalextric, Corgi, Spark, Mattel for scale model and slot cars. Being the master licencee for Lotus F1® Team, Group Lotus has the opportunity to broaden its licensing range with companies including Trunki, (Children’s suitcase manufacturers), Paintseal (Car cleaning products) Henry Lloyd (a premium F1® inspired sport clothing capsule collection) and Paul’s Model Art (collectible scale model cars).
Lotus Originals is Lotus’ home brand for its own labelled merchandise. The items in the range are retailed via the Lotus flagship store in London’s Regent Street, as well as at Lotus’ Headquarters and selected dealerships. We also have an e-commerce site www.lotusoriginals.com. All outlets carry a diverse collection of premium apparel, luggage, accessories and gifts, including the Lotus F1® Team replica collection.
Lotus F1® Team Based in central England, the team first entered the Formula 1 World Championship in 1981 under the Toleman name, undergoing subsequent evolutions as Benetton, Renault, Lotus Renault GP and now Lotus F1 Team.
With four Drivers’ and three Constructors’ World Championships collected along the way, Lotus F1 Team has been home to some of the greatest drivers in history; legendary men such as Ayrton Senna, Michael Schumacher, and Fernando Alonso to name but a few.
2014 marks a new era for Formula 1; changes introduced by the FIA are the most radical in the history of the sport. Lotus F1 Team drivers Romain Grosjean and Pastor Maldonado are ready for the challenge that lies ahead and for what will be an immensely exciting season.