Well it didn’t take long, did it. A few days ago Group Lotus management board suspended CEO Dany Bahar for misconduct and started investigating his work. The investigation is done now and they decided Dany should be let go. Bahar is a cool chap, but his leadership has done Lotus more harm than good. He was apparently too busy bringing in celebrities or signing Mansory as official tuner, to manage the company properly.
Now with Bahar gone, and the Malaysian owners pondering selling the company, the faith of the six new super cars the axed CEO had promised us is unknown. Even if DRB-HICOM decides to keep Lotus there’s no guarantee the new boss – Aslam Farikullah – is as ambitious as Bahar. He will probably pull the plug on most, if not all, of them.
The official statement reads: ‘The decision was made by the Board of Group Lotus plc following the results of an investigation into a complaint made against him by the company’s penultimate holding company, DRB-HICOM Berhad.’ Somme say Bahar was using company money on his personal interests.
So just like that another British car maker relies on foreign leadership for salvation. At last the owners have something heartwarming to say: “I would like to assure you that we remain committed to ensure the ongoing and future business operations of the Lotus Group as we take the Lotus Group to the next level to remain relevant in the global automotive industry,” said DRB managing director DRB-HICOM, Dato’ Sri Haji Mohd Khamil Jamil.