Group Lotus terminates Dany Bahar’s employment

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After being dismissed from his role as CEO of Group Lotus two weeks ago, the controversial marketing man has now parted ways with the company with an official statement. AUTOSPORT has the story:

“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.”

DRB-HICOM has insisted they are committed to the brand and hopes of Group Lotus:

Managaing director Dato’ Sri Haji Mohd Khamil Jamil said: “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.

“I look forward to bringing mutual benefits to not only DRB-HICOM and PROTON Holdings Berhad but also the Lotus Group and its employees as well as contribute to the growth of the British automotive industry.”

Rumors had swirled that DRB-HICOM were interesting in divesting themselves of the Group Lotus brand and that Lotus F1 team owners, Genii Capital, may be interested but the only move so far was the immediate cessation of sponsorship from Group Lotus for the F1 team’s cars.

 

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