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Lotus CEO quits Norfolk performance car company

Norfolk-based car maker Lotus has announced that Jean-Marc Gales, its Chief Executive Officer, is standing down.

He's being replaced by Feng Qingfeng from the car firm's parent company Geely Auto Group.

Jean-Marc Gales, who the company says is leaving "for personal reasons", will become Chief Strategic Advisor to the Lotus Chairman, Daniel Donghui LI.

Geely acquired a majority holding in Lotus, which is based at Hethel near Norwich, last year. The company also owns Volvo Cars, Proton and the London Electric Vehicle Company.

Feng Qingfeng, the new CEO of Lotus Credit: Lotus

Lotus sales up 54% worldwide

The Group Lotus HQ at Hethel Credit: ITV News Anglia

Norfolk based car company Lotus says it's worldwide sales are up by more than fifty per-cent over the last nine months.

Last year the company announced plans to make up to three hundred workers redundant. However it says the latest figures show that their plans for the future are working.

The biggest sales increases have been in France, Germany, China and Japan.

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Vince Cable gives £10m regional cash boost to Group Lotus

Business Secretary Vince Cable on a walkabout in Norwich.

The Business Secretary Vince Cable has given a major boost to Norfolk's Lotus Car Factory.

Mr Cable, who was on a walkabout in Norwich yesterday, has announced a deal to provide the Malaysian-owned company with £10m from the Regional Growth Fund.

Lotus says the cash will help keep jobs in Norfolk and develop new models.

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