Cars
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: "The alleged moves between Group Lotus and Genii Capital are untrue and the reports are highly speculative in nature. Proton’s relationship with Group Lotus is as good as it has ever been.â€
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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...
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Lotus Group Ceo Reportedly Seeking New Owner For The British Sports Car Maker
For the past couple of months, there were rumors circulating that Proton wanted to get rid of its loss-making Lotus unit selling it to either Genii Capital or SAIC. Then, on January 16, the Malaysian carmaker announced that DRB-Hicom had acquired the...
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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...
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Lotus Ceo Says Concept City Car Will Enter Production In "october 2013"
It appears that Aston Martin won't be the only British sports car maker to have a controversial small city car in its range. Lotus chief executive Dany Bahar told Car magazine that the Concept City Car, which was previewed at the recent Paris Motor...
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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