Lotus sold 1710 new cars worldwide in 2021, a 24% year-on-year increase and its best performance in a decade.
In the final year of production for its Elise, Exige and Evora models, Lotus boosted global sales by 332 units over 2020, recording substantial growth in all key markets.
In its UK home market, for example, sales soared by 24%, while it noted a 37% increase in Belgium – its best performance in Europe – and a huge 111% uptick in the US and Canada.
Elsewhere, Japan – Lotus's second-biggest market – had its best year since 2015 and Qatar reported its best sales figures since Lotus entered the market in 2016.
The firm sold new cars in Bahrain, New Zealand and Thailand for the first time in more than seven years.
The Lotus Elise was the best-selling model, which Lotus attributes to fans wanting to "secure a piece of automotive history via the highly specced Sport 240 Final Edition and the Cup 250 Final Edition models".
Lotus was unable to provide Autocar with detailed figures for each model's sales volumes.
Managing director Matt Windle said: "In difficult circumstances, our retailers have delivered what was asked of them and more. It’s testament to their hard work and that of our manufacturing, marketing, sales and distribution teams around the world. A huge thank you to everyone involved. What a way to move into the era of Emira.”
The Emira – Lotus's first all-new series-production model since the Evora and its final combustion car – is due in dealerships in a matter of months.
The first examples use the same 3.5-litre Toyota V6 as the Evora, but a cheaper version with a Mercedes-AMG turbocharged 2.0-litre four-cylinder engine is due in the autumn.
Lotus is due to reveal its first series-production EV and first SUV, the Type 132, in the coming months. A rival to the Jaguar I-Pace, it will spearhead a family of China-built mass-market Lotus EVs.
Electric sports car production will get under way in Norfolk in 2026 with the arrival of the Type 135.
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A good increase but with the bar set so low from previous years it's not solving any problems. Lotus has always been a niche manufacturer, and that's a good thing in my book, and maybe now with a big brother as an owner they can move forward.
I think this shows that there is a demand for the Elise and Exige, which are not being replaced. That still seems an odd thing to me.
Begs the question: why the need for new models with all the accompanying massive investment, if existing models continue to sell?
I suppose the answer is that the current models are difficult / take too long to build and are therefore not profitable, but it must be questionable whether the firm can succeed at a higher price point and presumably more ambitious sales targets.
It's a tough ask but as a lifelong Lotus enthusiast I wish them good luck!
I think once things settle down, production and development cost will rapidly decrease now that Lotus has access to the rest of the Geely portfolio, it can use parts bins from Volvo etc.
They're selling but not in big numbers. Also, the boost in sales was probably because production was ending.