Lotus Emira

[Jobbo]

News item today: https://electrek.co/2025/04/16/geely-ex ... usinesses/

Basically Geely no longer has a stake in Lotus. Not sure what that means for the Eletre or Emeya; Emira is surely more secure?

[Matty]

With Lotus making people redundant, pulling out of the US market and now this....doesn't sound good.

[RobYob]

News item today: https://electrek.co/2025/04/16/geely-ex ... usinesses/

Basically Geely no longer has a stake in Lotus. Not sure what that means for the Eletre or Emeya; Emira is surely more secure?

I'm not going to pretend I know anything about finance but this PH article has a different conclusion. They say Geely is shuffling the different arms of Lotus, not pulling out.

https://www.pistonheads.com/news/ph-bri ... ters/49748

[Jobbo]

A put option is used to force another entity to acquire something. It’s not just an automatic thing when Lotus has sold 5000 cars in a year; an option is exercised if or when the party which has the benefit wants to, subject to any preconditions.

Lotus Technology Inc is the acquirer of the shares. That is a publicly traded stock on the NASDAQ. So it is not in the control of Geely. Geely had control of Lotus UK with 51% of shares; now they don’t, not even indirectly since they don’t control Lotus Technology Inc.

Geely may still have a shareholding in Lotus Technology Inc but the result of this transaction is that they have gone from having control of Lotus UK to not having control by their own choice. That looks like a withdrawal.

[mik]

Announcement of limited edition (Jim) Clark Edition. 60 cars (possibly 20 RHD for UK market?) for <chokes a little> £115k.

Changes appear to be cosmetic only, including red drivers seat with black passenger seat.

[Carlos]

Tidy looking Evora coming on a PH auction. Could be a nice cheap usable daily for someone

Serviced by Dan as well for a bit of insider knowledge.

[urlhttps://www.pistonheads.com/buy/auction/18439876][/url]

[Matty]

2+0 and 65k miles will make for a tough sell. Popped airbag cover is a dash-out job (or used to be) so not a cheap fix. New clutch though, and looks great in white.

Lotus have never done well at auction, so I reckon that won't go much over £20k.

[Carlos]

That's what I was thinking, late teens would be a great usable buy. Don't need to worry about putting miles on it and the minor cosmetics, just use and enjoy it

[nuttinnew]

Announcement of limited edition (Jim) Clark Edition. 60 cars (possibly 20 RHD for UK market?) for <chokes a little> £115k.

Changes appear to be cosmetic only, including red drivers seat with black passenger seat.

Wheels need yellow.

[scotta]

Announcement of limited edition (Jim) Clark Edition. 60 cars (possibly 20 RHD for UK market?) for <chokes a little> £115k.

Changes appear to be cosmetic only, including red drivers seat with black passenger seat.

Wheels need yellow.

Price needs halved.

[Carlos]

That's what I was thinking, late teens would be a great usable buy. Don't need to worry about putting miles on it and the minor cosmetics, just use and enjoy it

£15,250 with 4 hours to go

[mik]

V8? Hello.

https://www.carthrottle.com/news/v8-pow ... ys-company

[MikeHunt]

V8? Hello.

https://www.carthrottle.com/news/v8-pow ... ys-company

https://www.autocar.co.uk/car-news/new- ... -potent-v8

This needs to be added to the Today’s want thread too, if it does happen you could image the costs to be eye watering based on what lotus charge for retro paint jobs.

[Maurice]

V8? Hello.

https://www.carthrottle.com/news/v8-pow ... ys-company

STOP fannying about and just get the V10 from the LFA shoehorned in.

[RobYob]

V8? Hello.

https://www.carthrottle.com/news/v8-pow ... ys-company

STOP fannying about and just get the V10 from the LFA shoehorned in.

They got so close when LFA was in production but crazy Dany and Co snatched defeat from the jaws of victory in so so so many ways.

Maybe the V10 molds are tucked away somewhere. We can hope.

[Beany]

V8? Hello.

https://www.carthrottle.com/news/v8-pow ... ys-company

“We are currently investigating the feasibility of the V8”

Yeah, give people on the waiting list for an I4 or a V6 an excuse to pull their deposit and wait for the formal announcement of the V8, that'll help things

[Mito Man]

https://www.bbc.com/news/articles/cdr3gn3lv8zo

Erm what, I’m thinking it’s not about moving the Emira line to the US but rather building their EV crap over there too due to tariffs and just scrapping the Emira altogether?

[mik]

[IanF]

[IanF]

Ouch