The History Of The Lotus Classic Cars Part 2

The History Of The Lotus Classic Cars Part 2

Lotus Classic CarsPicture Of Lotus Classic Cars

Chapman died of a heart attack in 1982 at the age of 54, having begun life an innkeeper's son and ended a multi-millionaire industrialist in post-war Britain. The cars maker built tens of thousands of successful racing and road cars and won the Formula One World Championship seven times. At the time of his death he was linked with the DeLorean scandal over the use of government subsidies for the production of the DeLorean DMC-12 for which Lotus had designed the chassis.

Lotus-Classic CarsPicture Of Lotus Classic Cars

In 1986, the company was bought by General Motors. On 27 August, 1993, GM sold the company, for £30 million, to A.C.B.N. Holdings S.A. of Luxembourg, a company controlled by Italian businessman Romano Artioli, who also owned Bugatti Automobili SpA. In 1996, a majority share in Lotus was sold to Perusahaan Otomobil Nasional Bhd (Proton), a Malaysian car company listed on the Kuala Lumpur Stock Exchange.

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