Following last week’s announcement about Dany Bahar being temporarily suspended, it seems that the rumour that Lotus will be sold has risen again. Proton has issued an official statement to confirm, yet again, that parent company DRB-Hicom will not be selling Lotus. So put that pen down and keep your cheque books away.
Proton’s executive chairman Datuk Seri Mohd Khamil Jamil visited the facilities in Hethel in Norfolk earlier this month, and held meetings with South Norfolk MP Richard Bacon and British Business Secretary Vince Cable. The outcome of the meeting saw the British Government agreeing to reactivate the £10 million Regional Growth Fund to support the boutique carmaker’s vehicle development plans in Norfolk.
Proton and DRB-Hicom will continue to review the current business plan and financial position of Lotus in the immediate- and medium-term. A team of local and international consultants is currently in Hethel to conduct an operations and legal audit on Lotus group of companies.
The review is needed in light of Lotus’ existing financial obligation of £270 million syndicated loan taken at the end of 2010, which Proton has given its corporate guarantee.
Lotus Cars is not the only sports cars company that DRB-Hicom is involved in. The Malaysian giant currently has a joint-venture with Potenza Sports Cars, the manufacturer of Westfield sports cars.
Looking to sell your car? Sell it with Carro.
bagus2, jgn jual bro, kumpul jer aset segala.. improve kan ekonomi negara… baru lah ummphh!!! hehehe
Yup. certainly do.
Hopefully the new management of both Proton and Lotus should re-think the way they manage the resources and deepen the inner strength instead to ‘lepas tangan’ by selling the core what made the proton cars famous these days; its ride and handling.
Danny Bahar suspension is a wake up call. future leader should have not just ability but also can create synergy throughout the company. Together We can make a better future. Hail Proton! Hail Lotus!
Nice…..
DRB wont sell it…. VW is intereted in Proton Through DRB!
talk about Lotus agin i’ll slap you!!!..sincerely Malaysian Citizen..
Correct2 this is our pridge!
Just get those new sports car on the road, especially the Esprit. That should be good enough to put Lotus back on its feet.
in another news, VW is visiting Proton this Thursday. U may now speculate lol
Just sell the damn company lah, Lotus will continue to bleed money as long as under Proton, what can Proton offer Lotus? No platform, no powerful engines etc…its all about one word “pride”
just sell lotus to me and i’ll run it ^^
arrrrr…..proton & lotus are completely different class together….the former’s budget conscious car for the masses whereas the latter’s fulfill the elusive’s ego. somewhere is missing in the middle…no much synergies from this collaboration. no…lotus’s chassis could not be fitted to proton. neither does proton’s chassis can satisfy lotus. this is completely different story where hyundai & kia share common powertrain. proton still need a partner to help in its development.