Caterham Cars, based in Caterham and Dartford and the maker of the Caterham Seven sports car, has been bought by Team Lotus Enterprise.
www.bbc.co.uk/news/uk-england-14013939
Last edited by: Pugugly on Mon 4 Jul 11 at 19:24
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There's a short feature on this in this month's Evo magazine. Non commital on any details of what the plans are, other than they'd be launching some new Caterham models - no details of what though.
Expensive way to get the Lotus 7 name back.
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Makes sense tho. Lotus Cars are trying to push the brand and cars up market to Ferrari / Aston / Porsche levels prices and profit margins.
Leaves a hole at the bottom of the sports car market that Team Lotus can fill. They are hoping that Team Lotus will drive car sales through caterham, in turn funding Team Lotus to F1 wins, selling more cars again.
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Team Lotus take over Caterham - Skoda
