Lotus Cars Sales Up in 2018 Under Geely Majority Ownership | Drive Safe and Fast

Automotive

Published on January 11th, 2019 | by Subhash Nair

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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.


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