Chinese Express Interest In Buying Lotus

Fresh reports of the sale of the Malaysian government’s stake in car-maker Proton has cast a shadow over the expansion of British sports car specialist Lotus.

The value of stock in Proton has risen by fifty per cent in Kuala Lumpur trading this month, Bloomberg reports, on the speculation that control of the car-maker would be sold. Local Malaysian car industry heavyweight DRB-Hicom is favourite to acquire the majority holding.

 

dlin - 12/30/2011 2:57:30 PM

+1 Boost

Doesn't seem Malaysian is doing much w/ Lotus. Let's see if richer Chinese are able to help realize some new products, especially a Cayman fighter.