History Of Lotus- In Picture!...-http://www.autosmithcar.com/









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History of Porsche- When we need a friend..-http://www.autosmithcar.com/

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Porsche SE was created in June 2007 by renaming the old Dr. Ing. h.c. F. Porsche AG, and became a holding company for the families' stake in Porsche Zwischenholding GmbH (50.1%) (which in turn held 100% of the old Porsche AG) and Volkswagen AG (50.7%). [22] [23]  At the same time, the new Dr. Ing. h.c. F. Porsche AG ( Porsche AG ) was created for the car manufacturing business. In August 2009, Porsche SE and  Volkswagen AG  reached an agreement that the car manufacturing operations of the two companies would merge in 2011, to form an "Integrated Automotive Group". [24] [25]  The management of Volkswagen AG agreed to 50.76% of Volkswagen AG being owned by Porsche SE in return for Volkswagen AG management taking Porsche SE management positions (in order for Volkswagen management to remain in control), and for Volkswagen AG acquiring ownership of Porsche AG. As of the end of 2015, the 52.2% control interest in VW AG is the predominant investment by Pors...
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History of Lotus- Our Founder...-http://www.autosmithcar.com/

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Anthony Colin Bruce Chapman ,  CBE  (19 May 1928 – 16 December 1982) was an influential English design engineer, inventor, and builder in the automotive industry, and founder of  Lotus Cars . [1] In 1952 he founded the  sports car  company  Lotus Cars . Chapman initially ran Lotus in his spare time, assisted by a group of enthusiasts. His knowledge of the latest  aeronautical engineering  techniques would prove vital towards achieving the major automotive technical advances he is remembered for. His design philosophy focused on cars with light weight and fine  handling  instead of bulking up on horsepower and spring rates, which he famously summarised as "Adding power makes you faster on the straights. Subtracting weight makes you faster everywhere." [2] Under his direction,  Team Lotus  won seven  Formula One   Constructors' titles , [3]  six  Drivers' Championships , and the...
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History of Lotus- Lets Share Ideas!..- http://www.autosmithcar.com/

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By 1980, Group Lotus was in serious financial trouble. Production had dropped from 1,200 units per year to a mere 383. The combined reasons were that the world was in the middle of an economic  recession , sales in the key United States market had virtually collapsed and there had been limited development of the then model range. [9] In early 1982, Chapman came to an agreement with  Toyota  to exchange intellectual property and applied expertise. This initially resulted in Lotus Engineering helping to develop the Mk2  Toyota Supra , also known as the  Toyota Celica XX . Secondly, it allowed Lotus to launch the new  Lotus Excel  to replace the ageing  Lotus Eclat . Using drivetrain and other components from Toyota enabled Lotus to sell the Excel for £1,109 less than the outgoing Eclat. [9] Looking to re-enter the North American market, Chapman was approached by young law professor and investment banking consultant, Joe Bianco, who ...
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