Exclusive: Lotus boss Jean-Marc Gales departs car maker

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Frederik
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Exclusive: Lotus boss Jean-Marc Gales departs car maker

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Exclusive: Lotus boss Jean-Marc Gales departs car maker
Gales moves to lead classic car restorer JD Classics and is replaced by existing Lotus board member Quingfeng Feng Gales joined Lotus in 2014 and was previously a member of the managing board of PSA
4 June 2018 via autocar.co.uk

Jean-Marc Gales has abruptly left his position as CEO of Group Lotus plc, the Norfolk-based sports car maker and technology consultancy acquired last year by China's Geely group, which also owns Volvo, Lynk&Co, Proton and LEVC.

Gales told Autocar that he was leaving for "personal reasons" and that it was "time to move on". He departs his job today and described it as "a very emotional day", adding: "Lotus has been in my heart for 50 years."

Joining Lotus in 2014 with the task of leading it out of a long, loss-making era, Gales was previously a member of the managing board of PSA Group. His replacement at Lotus is Quingfeng Feng, who joined the company's board at the time of the Geely acquisition.

On Feng, Gales said: “He is a good guy and a good choice. He can unlock the synergies which exist between Volvo, Lynk&Co, Polestar and Lotus.”

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Gales will head up the Essex-based classic car dealer and restorer JD Classics, which was recently in the news for its dispute with a customer over alleged 'fixed' classic car prices.

He described JD Classics as the biggest company in its field in Europe, if not the world, with "huge potential for global expansion".

He also stays on at Lotus as chief advisor to its chairman of the board, Daniel Donghui Li.

During his four years leading Lotus, Gales has had considerable success, increasing sales by a third of the three-tier sports car range to around 1600 units a year by continual improvements and upgrades, as well as posting modest operating profits after many years of losses. Gales added that 2017 was the first year ever that Lotus made a profit.

He said: "I was asked in 2013 to turn the company around — I believe that our team has achieved that. When I arrived, it was necessary to reduce the headcount by 350 to 800. Since then, we’ve hired 200 people, bring headcount back up to 100, to prepare for the next waves of sports cars."

Gales has also laid plans for a more expensive model, a so-called 'new Elise', and pushed ahead with plans from the Proton era for an Asian-built sports SUV, evidently in anticipation of promised new investment by Geely.

When Geely announced that it had acquired a majority stake in Lotus in September last year, the group revealed that a large part of the deal’s appeal was the chance to unlock the potential of the cash-strapped sports car maker with well-financed new models and facilities.

“Lotus used to be ranked alongside Ferrari and Porsche,” Geely bosses told Autocar. “We need to come back to that rank again.”

Bron: https://www.autocar.co.uk/car-news/indu ... -car-maker
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Frederik
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Re: Exclusive: Lotus boss Jean-Marc Gales departs car maker

Bericht door Frederik »

Dees is geen goed nieuws ... (denk ik).
Toch vreemd, in onenigheid geraakt met Geely?
HJ2
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Re: Exclusive: Lotus boss Jean-Marc Gales departs car maker

Bericht door HJ2 »

De internationale cultuur wil wel eens botsen zo spreek ik uit ervaring :mrgreen:
If you always do what you always did, you always get what you always got.
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Re: Exclusive: Lotus boss Jean-Marc Gales departs car maker

Bericht door PascalM »

Frederik schreef: 04 jun 2018, 13:54 Dees is geen goed nieuws ... (denk ik).
Toch vreemd, in onenigheid geraakt met Geely?
Hij wordt Chief Strategic Advisor. Dus ergens worden de banden toch niet doorgeknipt en willen ze zijn kennis/ervaring behouden. Misschien had Jean-Marc na al die jaren gewoon heimwee en wil hij weg uit Norwich. :)
De Lotus Drivers Meeting is een eenvoudige manier om andere Lotus gepassioneerden te ontmoeten. De meeting gaat maandelijks door op zaterdag en dit van 16u tot 18u. Ontmoetingsplaats: Lotus Verhiest in Oostende.
Voor meer info: Lotus Drivers Meeting Belgium
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