Lotus Records Strongest Retail Year Since 2011
- Global retail sales up 2% on 2017
- Concludes a landmark year for Lotus in 2018
- Growing confidence in the brand as new investment and development plans take shape
Lotus Cars has posted its strongest sales results in seven years with 1,630 cars sold worldwide in 2018.
Concluding a landmark year for the company, 2018 saw Lotus celebrate its 70th birthday, new majority ownership from Geely, substantial investment in product development and new facilities, and a number of senior appointments, with respected auto and luxury-sector leader, Phil Popham, joining as CEO.
Commenting on 2018’s sales, Phil Popham said: “The year’s results show success on many levels, in what is a new dawn for the brand and business. Strong sales and an increasing presence in many international markets underline growing confidence as new shareholder backing starts to shape our future. The many appointments to the company in the executive team and across the business demonstrate a real confidence and ability to deliver our ambitions for Lotus globally.”
Sales highlights around the world include Sweden, up 87%; Japan, up 59%; Australia, up 50%; Middle East (GCC), up 39%; Italy, up 14% with a solid sales performance also delivered across most of mainland Europe and the UK.
* All retail figures based on Lotus warranty registrations in the calendar year.
** 274 UK cars sold in 2018 vs. 267 in 2017
Notes to Editors
The Lotus media site - https://media.lotuscars.com - contains news, images, and full details of current models, specifications, heritage and engineering technology.
Group Lotus is based in Norfolk, UK.
Lotus Cars builds world class, high performance sports cars including the Evora, Elise and Exige ranges of sports cars.
Lotus Engineering provides comprehensive and versatile consultancy services to many of the world's OEMs and Tier 1 suppliers and is an internationally recognised automotive engineering consultancy.
For more information about Group Lotus please contact:
PR Department, Group Lotus, Potash Lane, Hethel, Norfolk, UK, NR14 8EZ
Tel: +44 (0)1953 608264 Email: email@example.com