Lotus Production, Sports Car Favtory England
Lotus Cars Limited is a British automotive company headquartered in Norfolk, England. It manufactures sports cars and racing cars noted for their light weight and fine handling characteristics.
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Lotus was previously involved in Formula One racing, via Team Lotus, winning the Formula One World Championship seven times.
Lotus Cars was founded and owned for many years by Colin Chapman. After his death and a period of financial instability, it was bought by General Motors, then Romano Artioli and DRB-HICOM through its subsidiary Proton. It is currently owned by Chinese multinational Geely, with Etika Automotive as an equity partner.
The engineering consultancy firm Lotus Engineering, an offshoot of Lotus Cars, has facilities in the United Kingdom, United States, China, and Malaysia.
The company was formed as Lotus Engineering Ltd. by engineers Colin Chapman and Colin Dare, both graduates of University College, London, in 1952, but had earlier origins in 1948 when Chapman built his first racing car in a garage. The four letters in the middle of the logo stand for the initials of company founder, Anthony Colin Bruce Chapman. When the logo was created, Colin Chapman's original partners Michael and Nigel Allen were led to believe that the letters stood for Colin Chapman and the Allen Brothers.
The first factory was situated in old stables behind the Railway Hotel in Hornsey, North London. Team Lotus, which was split off from Lotus Engineering in 1954, was active and competitive in Formula One racing from 1958 to 1994. The Lotus Group of Companies was formed in 1959. This was made up of Lotus Cars Limited and Lotus Components Limited, which focused on road cars and customer competition car production, respectively. Lotus Components Limited became Lotus Racing Limited in 1971 but the newly renamed entity ceased operation in the same year.
The company moved to a purpose built factory at Cheshunt in 1959[7] and since 1966 the company has occupied a modern factory and road test facility at Hethel, near Wymondham in Norfolk. The site is a former World War II airfield, RAF Hethel, and the test track uses sections of the old runway.
In its early days, Lotus sold cars aimed at privateer racers and trialists. Its early road cars could be bought as kits, in order to save on purchase tax. The kit car era ended in the late 1960s and early 1970s, the Lotus Elan Plus Two being the first Lotus road car not to be offered in kit form, and the Lotus Eclat and Lotus Elite of the mid-1970s being offered only in factory built versions.
After the elegant but delicate Lotus Elite of the 1950s, which featured a complete fibreglass monocoque fitted with built-in steel pickup points for mounting major components, Lotus found critical and sales success in the 1960s with the Lotus Elan two seater later developed to two plus two form. Lotus was notable for its use of fibreglass bodies, backbone chassis, and overhead camshaft engines, initially supplied by Coventry Climax but later replaced by Lotus-Ford units (Ford block, Lotus head and twin cam valve gear). Lotus worked with Ford on the Lotus Cortina, a successful sports saloon.
Another Lotus of the late 1960s and early 1970s was the two seater Lotus Europa, initially intended only for the European market, which paired a backbone chassis and lightweight body with a mid mounted Renault engine, later upgraded to the Lotus-Ford twin cam unit as used in the Elan.
The Lotus Seven, originating in the 1950s as a simple, lightweight open two seater continued in production into the early 70s. Lotus then sold the rights to produce the Seven to Caterham, which has continued to produce the car since then.
By the mid-1970s, Lotus sought to move upmarket with the launch of the Elite and Eclat models, four seaters aimed at prosperous buyers, with features such as optional air conditioning and optional automatic transmissions. The mid engined line continued with the Lotus Esprit, which was to prove one of the company's longest lived and most iconic models. Lotus developed its own series of four cylinder DOHC engines, the Lotus 900 series, and later a V8, and turbocharged versions of the engines appeared in the Esprit.
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