Industry News
Lotus acquires chassis supplier Holden Lightweight Structures
19th May 2008
Group Lotus plc announced on 15th May the creation of Lotus Lightweight Structures, following its acquisition of Holden Lightweight Structures Ltd. Lotus Lightweight Structures, which employs 120 skilled engineers, technicians and sales staff, will be based at the former Holden Lightweight Structures Limited site in Worcester, UK and will continue to manufacture light weight aluminium and composite structures and components for its client base as well as supplying Lotus.
Lotus Lightweight Structures will continue to assemble the Lotus Elise, Exige and Europa aluminium chassis as well as the all new chassis for the forthcoming Lotus Project Eagle car to be launched at the British International Motor Show.
Mike Kimberley, Chief Executive of Group Lotus plc, said, “With this facility, we will continue to expand and lead the world in lightweight vehicle research, development and production to help our global client base find ways to reduce the weight and cost from their vehicles. Weight reduction is one of the most attainable ways to lowering CO2 emissions in vehicles today, as well as improving fuel economy and performance, and we have a duty to share our technology with the world’s car makers for everyone’s long term benefit.”
Kimberley confirmed that the Worcester facility and team would not substitute for any of the operations in Norfolk.
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