Cars
There’s been a lot of speculation these past few weeks about the future of Proton. The Malaysian carmaker, which also owns Lotus, was reportedly looking to sell the loss-making British sportscar maker to SAIC or Genii Capital, something that Lotus CEO, Danny Bahar, dismissed as a rumor.
- Drb-hicom Declines Offer For Lotus, Vw Reportedly Interested In Parent Company Proton
Last week, Reuters reported that the ever-expanding Volkswagen Group is considering to place a new bid for Proton, which owns the Lotus brand, some five years after the Germans failed to form a tie up with the Malaysian carmaker as it seeks to extend...
- New Owners Tell Lotus To Continue Development Of Future Models
For a company that hadn’t revealed a brand new car in 12 years until it launched the Evora in 2008, revealing five new models in the same auto show like Lotus did in Paris in 2010, was a ballsy move. The Proton-owned company said at the time that...
- Malaysia's Proton, Owner Of Lotus, Officially Confirms Talks With General Motors
It's been rumored for a while now that Malaysia's national automaker, Proton Holdings Bhd, is looking for a partner while recently it also became known that the company is considering selling the Lotus brand. After certain reports on GM's...
- Proton Refutes Reports That It Will Sell Lotus To Genii Capital
Proton, the Malaysian owner of Lotus, released a statement where it dismisses reports that appeared in several media outlets and which said that it is planning to sell a stake of the British sports car manufacturer. Here’s what the company stated:...
- New Proton Inspira: The Malaysian Lancer Officially Launched
Proton has officially unveiled its Mitsubishi Lancer-derived Inspira mid-sizer, after its soft launch to the public and media in late October. Since then Proton has received over 1,800 bookings from customers around Malaysia in anticipation of its market...
Cars
Malaysian Government Sells 42.7% Proton Stake to DRB-Hicom
There’s been a lot of speculation these past few weeks about the future of Proton. The Malaysian carmaker, which also owns Lotus, was reportedly looking to sell the loss-making British sportscar maker to SAIC or Genii Capital, something that Lotus CEO, Danny Bahar, dismissed as a rumor.
Last week, Proton released an official statement saying that it was negotiating with General Motors about selling a stake in its Tanjuing Malim factory.
Its board of directors also confirmed that the company’s chariman, Datuk Mohd Nadzmi Mohd Salleh, was interested in buying the 42.7 percent stake held by the state-owned investment company Khazanah Nasional Bhd.
Read more »- Drb-hicom Declines Offer For Lotus, Vw Reportedly Interested In Parent Company Proton
Last week, Reuters reported that the ever-expanding Volkswagen Group is considering to place a new bid for Proton, which owns the Lotus brand, some five years after the Germans failed to form a tie up with the Malaysian carmaker as it seeks to extend...
- New Owners Tell Lotus To Continue Development Of Future Models
For a company that hadn’t revealed a brand new car in 12 years until it launched the Evora in 2008, revealing five new models in the same auto show like Lotus did in Paris in 2010, was a ballsy move. The Proton-owned company said at the time that...
- Malaysia's Proton, Owner Of Lotus, Officially Confirms Talks With General Motors
It's been rumored for a while now that Malaysia's national automaker, Proton Holdings Bhd, is looking for a partner while recently it also became known that the company is considering selling the Lotus brand. After certain reports on GM's...
- Proton Refutes Reports That It Will Sell Lotus To Genii Capital
Proton, the Malaysian owner of Lotus, released a statement where it dismisses reports that appeared in several media outlets and which said that it is planning to sell a stake of the British sports car manufacturer. Here’s what the company stated:...
- New Proton Inspira: The Malaysian Lancer Officially Launched
Proton has officially unveiled its Mitsubishi Lancer-derived Inspira mid-sizer, after its soft launch to the public and media in late October. Since then Proton has received over 1,800 bookings from customers around Malaysia in anticipation of its market...