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Mike Kimberley, chief executive of Lotus from 1983 to 1991, returned to the company a month ago as acting chief executive. He is developing a five-year plan to invigorate Norfolk-based Lotus, which is owned by Proton, the Malaysian carmaker.
While the lightweight Lotus Elise and Exige models are a success, its engineering consultancy work for the motor industry has declined in recent years.
Kimberley aims to treble that in the next five years, to speed development of a prestige supercar to replace the Lotus Esprit, and to use spare production capacity at its Hethel premises to make one or more niche models for big car manufacturers.
He expects the first models for an undisclosed maker to be in production in 2008. The Esprit’s successor is a mid-engined two-seater that will cost about £80,000.
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