22 replies to this topic

[hairy]

Not looking good at Lotus: 

 

Supply problems have put the skids under Lotus Cars, with pre-tax losses rising to £141.1 million following a slump in the number of cars it could deliver.

The Norfolk-based sports carmaker sold only 576 cars in 2022, compared with 1,566 in the previous year, due to “production challenges”, its latest accounts show.

With revenues falling from £80.9 million to £56.3 million, pre-tax losses were up 68 per cent on the £86.6 billion loss recorded in 2021.

https://www.thetimes...blems-rw2062x0x

[Ivor]

Not looking good at Lotus:

Supply problems have put the skids under Lotus Cars, with pre-tax losses rising to £141.1 million following a slump in the number of cars it could deliver.
The Norfolk-based sports carmaker sold only 576 cars in 2022, compared with 1,566 in the previous year, due to “production challenges”, its latest accounts show.
With revenues falling from £80.9 million to £56.3 million, pre-tax losses were up 68 per cent on the £86.6 billion loss recorded in 2021.
https://www.thetimes...blems-rw2062x0x

£86bn loss??

[martinf]

Ummhh, Just a minor typo of 3 orders of magnitude or so.

 

This may explain the Lotus' display stand at the Goodwood Festival of Speed - which was, frankly, quite pathetic.