How GM's ownership of Lotus went 'appallingly wrong'

In January 1986, General Motors paid £22.75 million for 58% of the Lotus's sharesAfter the death of founder Colin Chapman in 1982, Lotus was in dire straits financially. Thankfully for all us petrolheads, it was saved by British Car Auctions chief David Wickens.
He quickly recruited more investors and, with Hethel veteran Mike Kimberley remaining as CEO, Lotus returned to profit in 1984. However, the bosses recognised that they couldn’t muster the resources to rejuvenate Lotus&r