Published on January 11th, 2019 | by Subhash Nair0
Lotus Cars Sales Up in 2018 Under Geely Majority Ownership
Lotus Cars has posted its strongest sales results in seven years with 1,630 cars sold worldwide in 2018 (up 2% vs 2017).
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.
Sales highlights around the world include Sweden, up 87%; Japan, up 59%; Australia, up 50%; Middle East (GCC), up 39%; Italy, up 14%; Taiwan, up 33%, with a solid sales performance also delivered across most of mainland Europe and the UK.