This did not last long. The new rulers in Lotus, the company
has reportedly removed five-year plan. DRB-Hicom dumped its turnaround
strategy, ousted by CEO Danny Bahar written because it believes the market
given the ambitious plan to. The new product is planned, the number of new slim
series 5-3 and Lotus will probably slash the number of consultants will benefit
more in-house talent. According to The Star to help accelerate the move to save
money on product development and at the same time.
But nothing is set in stone yet. DRB-Hicom said the new plan
will take up to one year. The company has dumped over $ 242 million in the
Lotus so far this year, and the struggling automaker may need another $ 121
million in 2013. Lotus all but stopped production earlier this year freeze
during a loan, but the lights back on in April. The company currently produces
about 44 vehicles per week.
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