Lotus opting out of the Paris Auto Salon
When Lotus brought in former Red Bull and Ferrari CEO Dany Bahar to run the show, many in the industry assumed that Lotus was going to see a lot of shakeup. They were right.
In his short stint at Lotus, Bahar managed to launch six concepts at the Paris Auto Salon two years ago, but he brought in Ferrari-like ideas like partnering with a big name rapper and auto tuner Mansory to churn out concepts that were viewed as decidedly extravagant. At Ferrari, this sort of thing is the norm. Lotus, however, is a much more sedate, conservative company with a more straight forward approach to making sports cars. This is reflected in their simpler, more classic designs and attention to details in workmanship and engineering.
Rumors of Bahar's huge executive expenditures and lavish lifestyle were the last straw for Lotus' board, which fired Bahar last month. He'd been suspended in late May as the board opened an investigation into the CEO's money-burning adventures.
Regardless of Bahar's persona and how it affected Lotus, one thing is certain: he was attempting to do what Lotus had already done in the past, and had failed miserably at. The company had once before attempted to move into extreme-high-end Ferrari territory and produce cars that were highly exclusive (and costly). The company nearly disappeared in the 1980s after attempting this and was saved only by a return to basics and the release of the first-generation Elise, a much lower price-point car and a solid return back to the engineering-first mentality that made Lotus what it is.