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HongKong, HK
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Lotus gets a new boss – former Citroen Peugeot President Jean-Marc Gales
Fri, 02 May 2014Jean-Marc Gales left) new Lotus CEO with Aslam Farikullah Following the debacle of Dany Bahar’s grandiose plans to turn Lotus in to a cross between Aston Martin and Ferrari, owners DRB-HICOM/Proton have been busy trying to get ship Lotus back on an even keel. That started with the appointment of engineer Aslam Farikullah as chief operating officer at Lotus when Bahar got his marching orders, and he’s been busy for the last two years bolting Lotus back together, cutting costs, improving quality and increasing sales. Now, it looks like Lotus are readying themselves for the next stage of their recovery – which will include new models – as former PSA president Jean-Marc Gales is appointed as Lotus CEO to work with Aslam Farikullah.
Lamborghini Gallardos recalled for fire risk
Thu, 13 Sep 2012A safety recall for 1,491 2004-2006 Gallardo coupes and spyders was handed down by Lamborghini due to a potential faulty hydraulic hose in the power steering system that could, with an ignition source, start a fire. Owners will be notified within the next month if their car is one of the potential candidates for a “Disco Inferno.”
CES shows strong signs of health in 2010
Fri, 08 Jan 2010Like much of the rest of the economy last year, the consumer electronics industry had a tough time in 2009. Who wants to buy an iPod when you just lost your job? As a result, the industry finished the last 12 months with its first loss in 20 years.