Lotus to cut up to 200 jobs in the UK

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  • #61
Not sure how it compares to target, but still overall positive.
Uhh, not sure about that.

If you go to appendix B, it breaks down the details for the 9 month period.

Total loss of $666,520,000 on $652,823,000 sales.

So for every $80,000 car they sold to a dealer, after paying the costs of building the car, they essentially had to pay another $80,000 for all the other expenses.

One line item I don't understand: $259,804,000 sales and marketing expenses? What could that be?

That's $34,443 per car sold.
 
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  • #62
Here's their plan from their financial presentation for profitability in 2026.
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lotus plan.jpg
 

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