Lotus Owner Seeks Chinese Buyer for Brand: British MP Says

Lotus Owner Seeks Chinese Buyer for Brand: British MP Says
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Lotus‘ Malaysian owner DRB-Hicom is seking a Chinese buyer for the brand as recently as last night, flying in the face of information included in the automaker’s much-publicized “rant” press release from April 12. Continue Reading...

Proton Could Sell Lotus Admits CEO

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Proton Could Sell Lotus Admits CEO
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Rumors of the sale of Lotus by its Malaysian parent company Proton have increased steadily since the appointment of CEO Dany Bahar, who has done little to dissuade the rumors. Rather than a sign of instability, Proton has committed to funding the “new Lotus”, and Bahar’s actions have helped keep the small sports car maker… Continue Reading...

Proton to Sell Lotus: Rumors Surface Once Again

Proton to Sell Lotus: Rumors Surface Once Again
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The New Year may be just around the corner, but it’s never too early to spread some rumors. Proton Holdings is believed to be seriously considering the sale of their Lotus sports car division, a brand that has never made a profit for the Malaysian-based company. Proton originally purchased the British sports car brand in… Continue Reading...