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#MalaysianCars
Lotus-Parent Proton Sold to Private Conglomerate DRB-Hicom
In a deal eclipsing $410 million, DRB-Hicom purchased a 43 percent stake in Proton, a Malaysian automaker better known for its ownership of the famous British sports car brand, Lotus.
Lotus City Car Concept Headed to Production in 2013
While it will continue building sports cars, Lotus CEO Dany Bahar has announced that in October, 2013 the company will produce its City Car, which was shown as a concept at the recent Paris Auto Show.
Proton Expands Product Portfolio With Rebadged Lotus Europa, Mitsubishi Evo
First up is the Lekir, which is essentially a Lotus Europa dressed up in re-altered clothes. Lotus (which is owned by Proton) had recently discontinued production of the unloved Europa in favor of the new Evora, so it can easily start building its old model for its parent company. This will allow Lotus to sell more vehicles and will in return bring in some much needed enthusiasts to Proton dealers. Also, since Proton has a much larger international distribution network, the Europa could finally see the success it never had.
When the Lekir hits the showroom, it will feature either a 1.6-liter pr 2.0-liter turbo charged four-cylinder engine, the latter producing about 220-hp.