Lotus Engineering, the consultancy arm of Group Lotus which recently announced 100 redundancies, has a deal with Australia’s Orbital Engine Company to develop the latter’s technology for direct injection petrol engines.
Chris Knight, Lotus chief executive officer, said Lotus will be able ‘to offer the Orbital Combustion Process gasoline Direct Injection System as part of a turnkey package to all our potential clients who require advanced gasoline direct injection technology’.
Both companies will have access to each others’ engineering and development facilities.
Last month Norfolk-based Lotus Group announced it was laying off 100 of its 1,400 staff. The job losses have been blamed on a 70% fall in contract projects with Asian car makers following the financial crisis in the region.
The move has raised fears denied by Lotus that the company has become too dependent on Asian contracts following its acquisition by the Malaysian owner of Proton, Hicom, in November 1996 for £52m.