Proton

 
2018 Lotus Evora GT430

China’s Geely completes acquisition of Lotus

Zhejiang Geely Holding Group in May agreed to purchase 51 percent of Lotus, giving the Chinese automaker a sports car brand to sit alongside its other brands which include the likes of Volvo, Lynk & Co. and Geely. Geely Holding on Friday closed the deal which sees the remaining 49 percent of... read more

September 29, 2017 by
 
2016 Lotus Exige Sport 350

Lotus could be up for grabs in sale of unprofitable parent Proton

Ownership of Lotus could soon change hands if the sale of its unprofitable parent company Proton goes ahead. A controlling stake in Proton was bought by DRB-Hicom in 2012 for... read more September 26, 2016 by


 
2017 Lotus Evora 400, 2015 Geneva Motor Show

Lotus To Build Cars In China

Lotus parent company Proton has signed an agreement with Chinese industrial firm Goldstar to form a new joint venture, whose aim will be to eventually manufacture... read more April 20, 2015 by


 
Jean-Marc Gales

Lotus CEO Outlines Future Plans, Hints At Parts Sharing With Proton

New Lotus CEO Jean-Marc Gales has just made the painful decision of eliminating a quarter of the automaker’s global workforce, but he has further tough calls to make... read more October 7, 2014 by


 
2013 Lotus Esprit Concept

Lotus Esprit Supercar Due In 2014, Pending DRB-Hicom Approval

Following its bizarre rant on Facebook last week and accusations that its CEO Dany Bahar was missing in action, Lotus is doing its best to clear all the confusion and remains... read more April 18, 2012 by


 
2011 Lotus Evora S

Proton's New Owners Ponder Lotus Sale

When Lotus’ parent company, Proton, was sold to manufacturing, transportation and power-generation conglomerate DRB-Hicom, critics said that a sale of Lotus would... read more January 18, 2012 by


 
Proton logo

Lotus parent company Proton sold to Malaysian conglomerate DRB-Hicom

Malaysia’s state-owned Khazanah Nasional Bhd has sold its 43 percent stake in Proton, a maker of economy sedans and hatchbacks, to fellow Malaysian firm DRB-Hicom in a... read more January 16, 2012 by


 
2011 Lotus Exige S260 Final Edition

Investors Urge Proton To Sell Floundering Lotus Brand

Lotus has been in the hands of Malaysia’s state-owned Proton since 1996 and during that time has yet to turn a profit. With speculation that Proton, a maker of economy... read more December 28, 2011 by


 
2012 Lotus Evora GTE live photos

Lotus Is Not Up For Sale Says Proton

Quashing claims that British sports car company Lotus could be up for sale, current owner Proton has released a statement saying that the news was untrue and that there are... read more October 14, 2011 by


 
2006 Lotus Europa S, Geneva Motor Show

Proton: We Won’t Sell Lotus

Despite the recent news that Lotus will delay models and may be in financial trouble, its Malaysian owner Proton has said it won’t sell the British sports car... read more September 22, 2006 by


 
Proton lends Lotus a helping hand

Proton Lends Lotus A Helping Hand

Group Lotus, with the help of its parent company Proton Holdings, plans to implement some massive changes to fully utilize the synergies between the two companies. Proton... read more July 31, 2006 by


 
 

 
© 2017 MotorAuthority. All Rights Reserved. MotorAuthority is published by Internet Brands Automotive Group. Stock photography by izmostock. Read our Cookie Policy.