Thursday, May 18, 2006

Official: New High-Performance Lotus Sportscar to be Built at Hethel in 2008

Lotus officially announced that there new mid engined sports which will occupy the sector vacated by the Lotus Esprit that finished production in 2004, will enter production in Spring 2008.

The Esprit substitute will be manufactured at the Group Lotus headquarters at Hethel in Norfolk U.K. Lotus improved the efficiencies and flexibilities within the manufacturing facility over the last year

In the next few months, Lotus will undergo a small re-organisation process within the manufacturing facility to further improve the efficiencies and flexibility at Hethel. This will lead to further improvements and gains leading up to the start of production.

Mike Kimberley, Chief Executive for Group Lotus plc says: "We are very pleased that Hethel has been confirmed by the Board of Directors as the manufacturing location for this vital new car. However the decision to choose Hethel has not been taken lightly and was influenced not only by our past achievements, but also by firm future commitments to improve the efficiencies and flexibilities within our manufacturing facility. We have a lot of work to do between now and the start of production and this will demand much commitment and hard work from us all at Lotus."

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