Lotus is a British carmaker with the headquarters in Norfolk, which specializes in sports and racing cars, taking part in Formula 1. The brand’s cars have light weight and good handling characteristics. At the moment, the company is owned by DRB-HICOM. more
Lotus logo consists of initials of the company founder Anthony Colin Bruce Chapman and the brand name in a green triangular pattern, which is inside a yellow circle. The yellow color symbolizes sunny days, which the company will have, and the green is the traditional color of British racing cars, which you can see on every poster or photo, taken during the races. It’s rather curious that ACBC initials were considered by Chapman’s partners, Michael and Nigel Allen, as the letters, which stood for Colin Chapman and the Allen Brothers.
Engineers Colin Chapman and Colin Dare created Lotus Engineering Ltd in 1952. Roadsters Mark 6 and Mark 7 were the first cars, released by the brand. In 1957, Lotus Elite was introduced. This model was successful in 1960s. Lotus cars were famous because of the use of fibreglass bodies, backbone chassis and twin cam engines. In 1959, the Lotus Group of Companies was formed and consisted of Lotus Cars Limited and Lotus Components Limited. In 1976, the brand presented Lotus Esprit, which became the most iconic car of the marquee and was built up to 2004.
In 1982, Chapman died. By the moment of his death, Lotus had released thousands of racing and road cars and won the Formula 1 for 7 times. In 1986, Lotus was bought by General Motors. In 1993, the company was sold to A.C.B.N. Holdings S.A. of Luxembourg and in three years, to Proton. In 2012, Proton, together with Lotus, was acquired by DRB-HICOM.
Throughout its history, Lotus collaborated with many other car manufacturers, including Ford, Toyota, Chrysler and De Lorean.