Lotus Cars is a British automotive company that manufactures sports cars and
racing cars in its headquarters in Hethel, United Kingdom. Lotus cars include
the Esprit, Elan, Europa, Elise, Exige, Evora and Evija sports cars and it had
motor racing success with Team Lotus in Formula One. Lotus Cars are based at the
former site of RAF Hethel, a World War II airfield in Norfolk. The company
designs and builds race and production automobiles of light weight and fine
handling characteristics. It also owns the engineering consultancy firm Lotus
Engineering, which has facilities in the United Kingdom, United States, China,
Lotus was previously owned by DRB-HICOM through its subsidiary Proton, which acquired it following the bankruptcy of former owner Romano Artioli in 1996.
On 24 May 2017, Chinese multinational Geely announced that it will take a 51% controlling stake in Lotus and thus became the owner of the automobile manufacturer. The remaining 49% were acquired by Etika Automotive.