Things at Lotus Are Getting Better, But They Still Aren’t Great
It’s no secret Lotus has been in trouble for a while. CEO Dany Bahar was let go in 2012. The automaker lost more than $251 million in its fiscal year that ended March 31, 2013. It’s reducing its workforce of 1,215 employees by as many as 325 in an effort to cut costs and stop losses. However, things are getting better…a little.
By: Derek Shiekhi | November 7, 2014