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Written by Ollie Kew
Breaking news from Lotus that doesn"t involve another new Elise with a lightweight sunvisor and a fresh shade of paint: there"s a new man at the top. Jean-Marc Gales, the boss since 2014 who steered Lotus out of the post Dany Bahar era of concept cars and posh watches has left to become CEO of classic car restoration and racing company JD Classics. Gales has previously overseen marketing at VW and Fiat, but hauling Lotus towards profit was perhaps his greatest challenge. He succeeded in 2017, following a 49.9 share buyout by Geely Holding, the parent company of Volvo, which has flourished under Chinese ownership. J-MG had also been spearheading Lotus"s efforts to reinvent the Elise for 2020, and release a new SUV model to fight the Porsche Macan and Jaguar F-Pace in the profitable premium crossover sector.
Date written: 4 Jun 2018
More of this article on the Top gear website
ID: 12089
Breaking news from Lotus that doesn"t involve another new Elise with a lightweight sunvisor and a fresh shade of paint: there"s a new man at the top. Jean-Marc Gales, the boss since 2014 who steered Lotus out of the post Dany Bahar era of concept cars and posh watches has left to become CEO of classic car restoration and racing company JD Classics. Gales has previously overseen marketing at VW and Fiat, but hauling Lotus towards profit was perhaps his greatest challenge. He succeeded in 2017, following a 49.9 share buyout by Geely Holding, the parent company of Volvo, which has flourished under Chinese ownership. J-MG had also been spearheading Lotus"s efforts to reinvent the Elise for 2020, and release a new SUV model to fight the Porsche Macan and Jaguar F-Pace in the profitable premium crossover sector.
Date written: 4 Jun 2018
More of this article on the Top gear website
ID: 12089